Each Wednesday, Chief Income Strategist Marc Lichtenfeld’s Safety Net looks at a stock to determine the safety of its dividend and the likelihood that it’ll be paid or even raised. Because just as important as generating a healthy amount of income is ensuring that an income stream doesn’t turn into a trickle.
Some investors don’t feel comfortable owning shares of a cigarette maker. But for those who do, one of the most attractive features about the stock is its 5.7% yield.