3 Smoking Hot Tobacco Stocks (Part 1)
No matter what you may think of smoking, most tobacco stocks pay a dividend and are worth considering for dividend investors. These are three smoking hot tobacco stocks to look at.
No matter what you think about smoking, tobacco companies have consistent customer revenue. The companies generally have good balance sheets. Tobacco stocks may be some of the least sexy ones you can hold, but they usually pay consistent dividends.
There are tobacco companies located worldwide. No matter where you live, you can use this as a strategy to diversify in other countries’ currencies indirectly. There are different strategies for currency triage, but the stock market is the simplest way. You will still receive the dividend in your country’s currency, making it not a complete triage, but it will be relative to the currency's strength against other currencies.
Why not give tobacco a try? Here are three smoking hot tobacco stocks.
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