MO Fair Price
My Notes
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I plan to buy more $BTI stock next week. Shares of $BTI are currently very undervalued and the company pays a dividend of 10%, which is very respectable. I also plan to buy more shares of $MO as the stock is at a nice price.
Which tobacco company's stock do you have in your portfolio and at what price are you buying?
Altria($MO) raises its dividend again after a year, increasing 4.3% to $0.98/share quarterly. At the current share price, that's a 9.1% yield.
Altria now has the highest dividend yield of any tobacco company (followed by $BTI at 9%).
But this can also be viewed negatively. Some investors would welcome more debt reduction or buybacks. Personally, I am of the same opinion.
How do...
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I have a feeling that the divi in those numbers isn't exactly sustainable for them long term right now. After all, they don't exactly have a small debt
Investors, what stocks did you buy or sell this month?
I've been buying $MO stock this month and this week on Monday I was overbought $CVS stock as it dropped a few % again and got below the $70 level and then on Monday I was overbought $BAC and $PFE stock as they are also at a great price. As far as selling goes, I have sold off all shares of $MMM at a profit during this month.
Investors, what stocks and ETFs have you bought or sold recently and what stocks are you looking to buy or sell?
I like every month bought $SPY, $MO and $CVSandthis week I still bought part of $ASML stock. I'm not selling anything yet but next week I plan to sell off part of $MMM stock and otherwise hoard cash for any dips.
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Part of my portfolio is $MO stock.
Overall, I think tobacco company stocks are a great investment for several reasons. Tobacco companies are usually financially stable and often pay a high dividend. Further, I think tobacco companies will continue to thrive as people will continue to smoke. The question is whether, for example, normal cigarettes will be replaced by a company...
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It often writes about dividend stocks.
I would like to know what dividend stocks you have in your portfolio and if you would like to add any dividend stocks to your portfolio.
I have $CVS, $MMM and quite a few $MO stocks in my portfolio. For now, I plan to continue to add to these stocks. However, I would like to include a few more dividend stocks like $PEP, $PG, or maybe $T in...
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Buying ETFs is like putting on clean socks in the morning... classic :) I am accumulating and will gradually pour cash into the market and into individual titles.