Since my purchase, the price of the stock has fallen back slightly, so I would have been able to get a better deal today than I did when I bought it. There has not been a dividend increase since my purchase.
When I look at the F.A.S.T. Graph for PSX, I wonder why I made the purchase at the time I did. Profits appear to have been moving downward at the time of my purchase , and the stock appears to have be overvalued now, although the price has not risen. If this graph were available to me today, I would be hesitant to make the purchase I made last year.
Although I do not have any screenshots of the company's or stock's performance data or notes to look back at, my suspicion is that PSX's future looked nicer in June 2016 than it appears in February 2017. I dug up some information online and found that there was a reduction in earnings in September 2016, so that appears to account for at least some of the downward sloping orange line above for the 2016 calendar year.
With hindsight, I think that maybe my investment in PSX was a mistake, because I may not have understood the business and its risks as much as I should have. I will monitor the stock more than before going forward, and consider swapping it out for another investment sometime in 2017.
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