I will be very honest and tell you a secret… I HATE SMOKERS!!!!
Okay, I said it!
My dad used to smoke, my mom used to smoke, my brother and even his wife used to smoke. My ex used to smoke. Many of my friends used to smoke or even still smoke. Half of my colleagues are smokers…
I’m sorry but cigarette makes them stink. And when they mix that smell with coffee… dude!
Worst, I even lost my grand-father over cancer and pulmonary emphysema as a consequence of bad smoking habits.
But, since I became a shareholder of Philip Morris, suddenly I love smokers! And now that the company has raised its dividend by 6,4%, I love them even more! When was the last time you got a 6,4% raise by your employer?
Actually, I got 6,4% raise every year for the past 7 years, but because I took several promotions, not because I stayed in the same position where I would have gotten a 1% raise (under inflation raise). But, that’s the subject of another post…
Please world, keep smoking! It’s cool and fun. You can make new friends by borrowing a lighter and you can look amazing like the Marlboro cowboy.
Okay, I honestly think that smoking is bad. We all know it gives cancer and health problem. But, I also think that people are free to take their own decisions. Everybody knows that smoking is bad so if they keep smoking then it is partly their problem? Isn’t it? Well… That’s what people like to tell themselves to feel better when they do bad behaviors…
Is it responsible to encourage people to smoke? Probably not. But I honestly think that corporations are the worst creation of the humankind and I still work for one and buy everyday from corporations so I decided I should be fully part of the system and invest in them too… At least, I might be able to retire early! 🙂
Philip Morris is popular among dividend growth investors and for a reason. Its dividend is juicy (4.72%) and its dividend increase record impressive! We all know though that cigarette companies are evolving in a difficult market. Smokers are decreasing in western countries (and increasing in China). There is a lot of uncertainty surrounding the possible regulations that governments might put in place to restrain the use of cigarette even more and affect the capabilities of such companies to continue to pay sustainable and increasing dividends.
Still, Philip Morris is currently doing very well and is in good financial health. I am pleased to be a shareholder based on a capitalist point of view even though my good guy side sometime feels that I shouldn’t be part of that industry…
Do you own Philip Morris stock? Are you pleased with the recent dividend increase?
[author] [author_image timthumb=’on’]http://quityourdayjob101.com/wp-content/uploads/2014/03/ID-10050051.jpg[/author_image] [author_info]Hi, my name is Allan. I’m the masked blogger. Like you I’m a modern slave, prisoner of a 9@5 job in Corporate America. They told us when we were young that we would live in a society of leisure and that technology would permit us to work only a couple of hours per day. But we live in a society of stress and uncertainty. My situation could be a lot worse and I know it. So many humans are suffering on this planet. But a golden cage remains a cage anyway. At least, I have an escape plan. I will retire before 45 years old over my passive income. This is a dream that is so powerful that I will make sure it happens. To build my wealth, I mainly invest in undervalued dividend growth stocks. [/author_info] [/author]
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