08-19-2013, 09:03 PM
(08-16-2013, 09:35 AM)TomK Wrote: I've already got plenty of tobacco in my portfolio, but man, PM is drifting back down into that range where I find it nearly irresistible to buy some more. Especially given that they should be announcing their dividend raise soon!
Couldn't have said it better myself, Tom. PM is one of the few stocks that is trading below my average price per share, and I'm excited to pick up a bit more to bring that average price down and further build my position in this company that I think will be paying steadily rising dividends for decades.
I just looked on PM's investor relations site, and it appears that the Q3 dividend will be declared on September 11. Let's hope it is a healthy one! (My current prediction is that they'll raise to 91 cents, though I sure hope I'm guessing too low.)