6 Tobacco Stocks With Smoking Dividend Yields

Cigarette companies are among the top dividend payers in the consumer services industry. Many prominent investors garner safe and high returns from the tobacco business. Although their products are subject to a tremendous amount of different types of taxes, these companies keep on making profits. (You can buy a pack of Marlboro for $1 in Ukraine, whereas the same pack costs $11 in New York City.) Here, is a fundamental analysis of 6 tobacco companies that pay substantial dividends and sport a minimum market cap of $1 billion. I also estimated their fair value using the FED+ (Future Earnings Discounted + Equity) model. Data is derived from finviz: British American Tobacco (BTI) is one of the largest cigarette makers around the world. The company is best known for its Dunhill, Kent, Lucky Strike and Viceroy Brands. The U.K.-based British American Tobacco was founded in 1902. As of June 28th, the... Read more