Seeking Alpha
  • Ocean Man
    BOOM! As promised by your friendly, neighborhood Ocean Man, MO with a 7.3% dividend increase raising the yield to 5.3%.
    8/24/12
    Reply (13)
    • eabyrd: Nice call.
      8/24/12
    • iadops40: PM increase coming also
      8/24/12
    • wigit5: What do we think the shares will do though? Divi is nice but with Tabacco on the decline do we think they''ll find new sources of revenue?
      8/24/12
    • realornot: Smoking MO JO
      8/24/12
    • neobliviscar: Who knows MO? OM knows MO! Go-Go-GO...
      8/24/12
    • wigit5: I initiated a small position for the dividend (long term investor) but I don't think this will be a hold for more than a year...
      8/24/12
    • eabyrd: Tobacco has always been a target for regulators and control-freaks... yet if you invested in PM half a century ago, you'd be alright.
      8/24/12
    • wigit5: I wasn't alive half a century ago what else you got... (Hell I just barely break the quarter of a century). My problem with tobacco is
      8/24/12
    • wigit5: societies perspective is changing on it... Smokers are dwindling. But the bright spot is tobacco has a lot of uses so I think it could adjus
      8/24/12
    • eabyrd: That's what I'm getting at... smokers have been under attack for decades, regs have risen... yet PM RAI MO LO just keep cranking out cash.
      8/24/12
    • Ocean Man: ^Their stock charts are even more impressive when you think about the size of the dividends that have been coming out of the price.
      8/24/12
    • eabyrd: Absolutely. I'm long RAI (I smoke Camels... so I feel like I'm getting paid to smoke..lol). Great over the long haul. Thoughts on BTI?
      8/24/12
    • iadops40: both PM and MO have very impressive charts
      8/24/12
      From other sites