Vector Group Ltd. (NYSE:VGR)

This company has been paying out a dividend that exceeds free cash flow for five years now. There has also been a consistent trend of dilution that has been eroding existing shareholder's value. Herbert Stein's dictum that "if something cannot go on forever, it will stop" is probably relevant here. I'm betting on a dividend cut at some point which will likely send shares tumbling.

Growth of the middle class overseas.

This company is in a declining industry. Smoking is not cool anymore!

Also, has anyone taken a look at the financial statements? This company's free cash flow cannot support the dividend. Eventually they will be forced to reduce, and ultimately eliminated their dividend payments. Once the dividend goes, (trust me it will eventually), so will the shareholders.

In the long run, I am positive this stock will underperformed the market significantly.

I checked this stock out with my daughter. She, and most of her friends who smoke, are smoking the lower priced cigarettes produced by the Vector Group subsidiaries. With wages either staying low or nonexistent (due to the unemployment rate) for several years, this stock looks to me to be on an upward path for several years! And, at a very good dividend!

High dividend yield stocks should be a focus for investors until the next election.

Ongoing interest in cigarettes overseas.

Dividend play with limited upside potential.

Great dividend stock if you aren't bothered by "sin" companies. Revenue driven by sales of cigarettes, but balance sheet buoyed by real estate assets.

The dividend is simply not sustainable without a major uptick in earnings. And besides that, the P/E is too high.

Not only is this a great tobacco company, They are also in New York real estate, and a new project in palm springs. The worm has turned on there real estate holdings and they will take off.

A great dividend stock that keeps paying high {plus10%} dividends with growth also

I'm a smoker, and while I hate liggets, there are times where I've had to buy them because they are just the cheaper alternative for my nicotine. They've just come out with a new cheaper cigarette called Grand Prix, which I believe are the cheapest smokes I've ever seen.

nice cigarette company

Low cost cigs for the unemployed in a recession? What's not to like?

A likely dividend cut may hurt this stock in the short term, but long term profits seem even more likely.

Defensive

During this recession having a cigarette is definitely something most investors will be doing let alone all others affected. And as soon as one smoker dies another one is born. Tobacco 4 Lyfe

Everyones smokes.. !

I would buy the Jan10 15.00 call and sell the 15.00Jan10 Put. Theta and Rolling should do the trick