Categories: DividendsRetail

Light up Your Investment Income with a 6.5 Dividend

Light up Your Investment Income with a 6.5 Dividend (MotleyFool.com)

It doesn’t look like Phillip Morris International (NYSE: PM) is suffering too much due to CVS Corporation’s (NYSE: CVS) decision to pull cigarettes from its shelves. This producer and distributor of tobacco and tobacco-related products has its sights set on something larger than the shrinking U.S. cigarette market of $1 billion to expand into Mexico and Algeria. And with potential growth in Asia, this tobacco company is set up to continue profiting and handing out a solid dividend well into the next decade. Is it time for you to light up your portfolio?

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.

Recent Posts

The Most Hated Adage on Wall Street

“There’s more wisdom in your book than four years of college education!” -- Subscriber Back…

11 hours ago

ETF Talk: Being Prepared for Anything with an Insurance ETF

There is a famous saying that has been floating around the internet regarding the “Five…

1 day ago

May Day, Reimagined

Today is May 1, a day that’s also known as “May Day” in many countries…

1 day ago

10 Reasons to Day-Trade with Mentors in a Virtual Room

Ten reasons to day-trade with mentors in a virtual room highlight why now is a…

2 days ago

Rising Commodity Inflation Will Pressure Fed to Keep Rate Cuts on Hold

Last year’s fourth-quarter downtrend for inflation looks to have bottomed out at just under the…

3 days ago

Intrinsic and Extrinsic Value – Options Trading

The intrinsic and extrinsic value of an option make up the total value of the…

4 days ago