This Streaking Cigarette Stock Could Return More Than 12% This Year

April 16, 2015 7:26 PM

52 0

This Streaking Cigarette Stock Could Return More Than 12% This Year

NEW YORK (TheStreet) -- There is one cigarette stock with a whopping 5.1% dividend yield and surprisingly solid growth for a business in a slowly declining industry. Since 2008, this company has grown revenue-per-share by 9% a year and dividends-per-share by about 12% a year. The company is expected to grow earnings-per-share about 7.5% a year over the next several years. The company's current dividend yield of 5.1% plus its expected earnings-per-share growth of 7.5% could give shareholders a total return of 12.6% a year for the next several years.

What cigarette company is generating strong double-digit returns for shareholders? This company is the only stock in the Top 10 for those who follow The Eight Rules of Dividend Investing that also passes the Chowder Rule test.

Read more

To category page

Loading...