Dividends at a 10-Year Discount — What to Do With 5.6% Yielder

Let's see if it's time to stock up on one discounted dividend payer.

Dividend of the Week Dividends at a 10-Year Discount — What to Do With PM's 5.6% Yield Charles Sizemore, Co-Editor, Green Zone Fortunes In a raging bull market (recent action notwithstanding), it’s hard to find stocks trading at levels first seen almost 10 years ago. But that’s where we are today in leading global tobacco giant Philip Morris International Inc. (NYSE: PM). After topping out at $106 per share this past summer, PM shares slid to around $86 as I write. That put it at summer 2012 levels, which you can see in the chart below. On top of that, its 5.6% yield is enough to crush any inflation fears. Click here to see what to do with Philip Morris stock now. Suggested Stories: 2 Top Oil Buys for 2022 (8% Dividends, Over 7% Upside Ahead) Best Electronics Stock to Buy NOW (Target High Growth + Holiday Demand) FROM OUR PARTNERS [BUY ALERT] Details on Four Cryptos With 10X Potential Luke Lango just found four cryptos that are poised for a major breakout. He's predicting these four cryptos will blow past the coveted 1,000% over the next 12 to 24 months. And it's all thanks to a massive technology upgrade called "The Awakening." And if you take a small stake right now, you could see massive gains. Get the details HERE. Chart of the Day Michael Carr, Editor Congress May Have Ordered Yellen to Trigger a Debt Crisis Treasury Secretary Janet Yellen may be in a tight spot. Interest rates for most loans increase with the length of the loan. Longer terms mean more risks, and the higher interest rate compensates the lender for that risk. In the Treasury market, if short-term rates are higher than longer-term rates, it’s bad news for consumers. Today’s chart shows that the Treasury market is delivering bad news. And Yellen’s response is key. Suggested Stories: Biden's Oil Sale Is Bullish — or Meaningless Forget Inflation! The Fed Is on the Fast Track to Slow Growth FROM OUR PARTNERS Trump's Secret Legacy In July 2020, the Trump administration oversaw a RADICAL change to the tech world… one that could unleash a huge wave of disruption… prosperity… and wealth creation in the near future. Chances are, you haven't heard about it until today. But according to one of America's most respected tech forecasters, it's set to create small fortunes right here in this country. He recently went on camera to explain why. Check the footage out here while it's still available. 1918: Iceland became a sovereign state. Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/ Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Money & Markets, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2021 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: Click here to Unsubscribe