Altria (MO) - a recession proof high yield dividend stock
By Dividend Growth... on Thu, 2009-02-05 09:27
(via www.dividendgrowthinvestor.com)
There are two extreme camps of Altria’s (MO) future prospects. One of the camps is the bullish one which claims that Altria is a near monopoly, which has a 50.40% of the US cigarettes market and has nothing else to do with its cash than to distribute it back to shareholders in the form of dividends or share buybacks.
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