Holy cow! yet another edition of the award winning FoxForceJournal.
Our featured stock is Altria group Inc,
Ticker (MO) picked by eudemonic @ $35.18 for a stock gain of
Now I've always admired that sweet 4.9% yield, and think this is a great investment for us dividend junkies out there. I just wonder about the sustainability of the product as either existing consumers quit smoking, or they have that annoying habit of dying early...
Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes primarily under the Marlboro brand; smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky, and Marlboro Snus brand names; cigars principally under the Black & Mild brand; and pipe tobacco. The company also produces and sells blended table wines under the Chateau Ste. Michelle and Columbia Crest names; and distributes Antinori and Villa Maria Estate wines, and Champagne Nicolas Feuillatte in the United States. In addition, it maintains a portfolio of leveraged and direct finance leases in aircraft, rail and surface transport, electric power, real estate, and manufacturing. The company sells its tobacco products primarily to wholesalers, including distributors; large retail organizations, such as chain stores; and the armed services. Altria Group, Inc. markets its wine products to restaurants, wholesale clubs, supermarkets, wine shops, and mass merchandisers. The company was founded in 1919 and is headquartered in Richmond, Virginia.
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