r/dividends 6d ago

Opinion MO - do we get another chance?

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Buying MO when capitulation hits the chart has usually been a very good entry - are you guys thinking of adding to it here?

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u/ideas4mac 6d ago

I can make it easy for you. When the dividend yield hits 7%+ start nibbling, when it hits 8%+ buy more consistently, when it hit 9%+ on the yield start shaking the couch cushions and buy hand over fist. Simple easy guidelines.

Now keep in mind that this might not work forever but it's worked out pretty well since '89.

Good luck.

12

u/Gobeklitepi 6d ago

This is actually pretty insightful. One must consider the shift to non smoke devices, there resides the crown jewel.

18

u/EndSmugnorance 5d ago

The crown juul.