EPIC is a Twin Cities-based investment club based the proven NAIC principles of investing regularly, reinvesting earnings, investing in growth companies, and diversifying to reduce risk. Our Mission Statement is to double our investment every 5 years, achieving a 15% compounding annual return.
$MO update

$MO update

At the next meeting Altria will have its next payment date (01/10/12). On 12/14/2011 Altria declared its regular quarterly dividend of $0.41 per share. My sentiment; tobacco faces a tough economy (i.e an increase in Federal excise taxes and FDA regulations) and despite its challenges, MO delivers a 5.5% yield and continually outperforms the S&P. I suggest this stock continue to be a long term hold for the Club.



Leave a Reply