Tuesday, December 12, 2017

BTI Buy

And just like that, the next purchase is under our belts..

38 Shares of British American Tobacco (BTI) were purchased at $66.90.

Using a dividend of .57, this should add around $85 to the income total for next year.

Although not at its lowest level of the year, it is about 8% off of its highs set back in June.  They are still trying to absorb the RAI purchase and they recently announced that they will be moving to quarterly dividend payments.

I like tobacco/sin stocks and MO took off and I already went down the PM road for a while with lack luster results over the course of 3 years.  Therefore, it was time to give BTI a try.  I loved my LO and RAI positions and this company has parts of both! 

What do you think?  Good Purchase?

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