Love ’em or hate ’em, there’s no denying tobacco stocks are among the best and most reliable dividend payers in the investing world. Indeed, the yields on these stocks might be as addictive as the tobacco products that made such high payouts possible in the first place. Take a look at the dividends available from today’s best-known tobacco stocks: #-ad_banner-#While these are among the industry’s most recognizable names, there’s another great tobacco stock I suspect many U.S. investors have forgotten about, perhaps because the underlying company operates mainly overseas. The stock currently trades around $110 and… Read More
Love ’em or hate ’em, there’s no denying tobacco stocks are among the best and most reliable dividend payers in the investing world. Indeed, the yields on these stocks might be as addictive as the tobacco products that made such high payouts possible in the first place. Take a look at the dividends available from today’s best-known tobacco stocks: #-ad_banner-#While these are among the industry’s most recognizable names, there’s another great tobacco stock I suspect many U.S. investors have forgotten about, perhaps because the underlying company operates mainly overseas. The stock currently trades around $110 and offers a dividend of $4.70 a share — good for a 4.3% yield that’s right in there with big names I mentioned. Most investors will recognize the firm’s top brands, such as Kent, Pall Mall, Dunhill, Newport, and Kool. These may not be in the same league as Marlboro, the world’s #1 cigarette brand by far, but they’ve been strong enough to lead the company to more than $25 billion in annual sales. Granted, Philip Morris (NYSE: PM), the company that makes Marlboro, was pulling in more than $25 billion a decade ago and now generates annual revenue north of… Read More