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Steady income from Philip Morris Int'l (PM)

 Jun 05, 2009 06:30 PM UTC
Return Risk
+4.67% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
PM Positive 06/05/09 +11.68% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: International markets, Newsletters, Agriculture, Stocks to Buy

"Income investors have to be very careful when searching for yield; many high-yielding stocks have turned in disastrous performances over the last year," cautions Chuck Carlson.


In his The DRIP Investor he adds, "That's what makes Philip Morris International (NYSE: PM) so attractive. The issues stands as as one in which investors can be confident of a steady dividend stream."


"The stock's current yield of 5% is especially attractive in this environment. And the dividend is taxed at the current preferential tax rate of just 15%, giving it an extra appeal relative to yields on fixed-income investments. Furthermore, the dividend is safe.

Continue reading Steady income from Philip Morris Int'l (PM)

Steady income from Philip Morris Int'l (PM) originally appeared on BloggingStocks on Fri, 05 Jun 2009 13:30:00 EST. Please see our terms for use of feeds.

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