Philip Morris Remains a Reliable Dividend Stock

Philip Morris International (PM) was spun off from Altria (MO) in 2008, with Altria serving the U.S. and Philip Morris owning the international rights to all of Altria’s most famous brands, including Marlboro, Merit, Parliament, Virginia Slims, L&M, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. Philip Morris markets its cigarette brands to more than 150 million customers in over 180 countries and has close to 30% international market share (excluding China and the U.S.). That's largely due to selling Marlboro, which is the No. 1 cigarette brand in the world and accounts for approximately 35% of the company's total volumes. While traditional tobacco products still generate the vast majority of the company's profits, reduced-risk products, or RRPs, [...]

January 31st, 2019|

3M: One of the Best Dividend Kings

Minnesota Mining and Manufacturing, or 3M (MMM), was founded in 1902 in St. Paul, Minnesota. The global industrial conglomerate markets over 60,000products used in homes, businesses, schools, and hospitals in more than 200 countries around the world. 3M is a highly diversified company with five main business segments that cover over 45 technology platforms, ranging from adhesives and abrasives to ceramics and nanotechnology.

January 31st, 2019|

Realty Income: Uninterrupted Dividends Since 1969

Realty Income (O) was founded in 1969 and is one of the largest REITs in America. The company owns more than 5,600 properties located in 49 states and leases its buildings to 260 commercial tenants operating in 48 diverse industries. In recent years the REIT has begun diversifying into non-retail properties, including offices (4% of rental revenue), industrial warehouses (12%), and farmland (2%). However, retail properties still generate 81% of total rental revenue. All of the company's properties are under long-term triple-net lease agreements, which provide solid cash flow visibility and shift property operating expenses such as maintenance, utilities, insurance, and taxes to the tenant. In other words, the rental revenue received by Realty Income has substantially fewer expenses and [...]

January 31st, 2019|

Chevron: A Quality Dividend Aristocrat in the Energy Sector

Chevron (CVX) was founded in 1879 and became a standalone company after the breakup of Standard Oil in 1911. Today Chevron is one of the largest integrated oil companies in the world, with major operations in over 30 countries. The business operates across four segments: U.S. Upstream Operations (18% of operating earnings): Chevron explores for, develops, and produces crude oil and natural gas. The firm is also involved in the processing, liquefaction, transportation, and regasification associated with liquefied natural gas. Chevron transports crude and natural gas as well. International Upstream Operations (59% of operating earnings):key production regions include Australia, Nigeria, Thailand, Indonesia, Angola, Bangladesh, and Canada. U.S. Downstream Operations (14% of operating earnings): Chevron owns refineries that use crude oil to make [...]

January 30th, 2019|
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