+- Dividend Growth Forum (http://DividendGrowthForum.com)
+-- Forum: Dividend Growth Investing (http://DividendGrowthForum.com/forumdisplay.php?fid=15)
+--- Forum: Individual Dividend Growth Stocks (http://DividendGrowthForum.com/forumdisplay.php?fid=35)
+--- Thread: PM (/showthread.php?tid=158)
RE: PM - twil - 07-08-2015
I also too recently bought it below 81.
RE: PM - Kerim - 07-08-2015
I may be the biggest booster of tobacco stocks here. I've got a pretty large position in PM, and agree that its long-term prospects are just fine. Moreover, this may be one of those great multi-year stretches where you get to acquire at a nice price and yield before the ship rights itself. I'm braced for a pretty measly dividend increase this fall, as the payout ratio is climbing fast with the earnings decline. But the juicy current yield will provide plenty of comfort!
RE: PM - turbo89 - 07-08-2015
I ended up jumping in at just under $82 per share.