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6.6% Yield Tobacco Specialist Reaffirmed in Best High Dividend Stocks Model Portfolio

While ESG investing is getting a lot of attention these days, there is “a big win in sin” for investors. Vice stocks have traditionally been big performers for portfolios – and in some cases, provide hefty income for investors. Case in point is our latest pick for our Best High Dividend Stocks Model Portfolio.

Our pick is one of the largest tobacco manufacturers on the planet, with some of the top brands in the space under its umbrella. This huge moat has long provided the company with ample cash flows despite regulatory/legal issues with regards to smoking.

But our pick is not just a one-trick pony. Aside from rewarding shareholders with ample cash flows, this tobacco behemoth has long sought to seek out growth and diversify its businesses. These days, our pick can count stakes in one of the world’s largest brewers, electronic cigarettes brands as well as in real estate and airplane leases. All of this helps to provide additional growth and cash flows beyond traditional cigarette manufacturing.

With strong growth prospects and a current high yield, investors should watch for the stock going ex-dividend on Friday, July 15 (estimated date).

You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.

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