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Tobacco Stocks Outperform Broader Markets as Investors Flock to Their Attractive Dividends

New York, NY - (NewMediaWire) - February 22, 2016 -  The Tobacco Industry has benefitted from the volatility in the markets this year as investors have flocked to the Industry’s stable revenues and attractive dividends. The Big Three of Altria Group Inc., Philip Morris International Inc. and Reynolds American, Inc. are up an average of approximately 5.0 percent in 2016, compared to losses of 5.8 percent and 6.2 percent for the Dow Jones Industrial Average and S&P 500 Index.

The average dividend yield for the industry usually ranges from 4.0 percent to 5.0 percent. In the last decade, Reynolds American, Inc. has seen its quarterly dividend rise from $0.15625 per share to $0.42 per share, while Philip Morris International Inc. has seen its dividend grow from $0.46 per share in 2008 to $1.02 per share currently. Although Altria Group has seen its dividend drop over the years as a result of the spin-off of Kraft and Philip Morris International, the company has raised its dividend by almost 50.0 percent in the past 5 years.

Here is how some Tobacco stocks reacted Thursday:

Altria Group Inc. (NYSE: MO) shares increased 0.36 percent to close at $60.62 a share Thursday. The stock traded between $60.23 and $60.70 on volume of 5.52 million shares traded. Altria currently offers investors a quarterly dividend of $0.565, for a dividend yield of roughly 3.73 percent. Shares of Altria Group have gained approximately 6.0 percent in the past month and are up roughly 4.0 percent year-to- date.

Find out more about Altria Group including full access to the equity report at: www.StockTheory.com/MO

Philip Morris International Inc. (NYSE: PM) shares increased 0.37 percent to close at $91.57 a share Thursday. The stock traded between $91.07 and $91.82 on volume of 5.89 million shares traded. Philip Morris currently offers investors a quarterly dividend of $1.02, for a dividend yield of roughly 4.45 percent. Shares of Philip Morris International have gained approximately 6.0 percent in the past month and are up roughly 4.0 percent year-to-date.

Find out more about Philip Morris International including full access to the equity report at: www.StockTheory.com/PM 

Reynolds American, Inc. (NYSE: RAI) shares increased 1.10 percent to close at $49.51 a share Thursday. The stock traded between $48.77 and $49.67 on volume of 3.71 million shares traded. Reynolds American currently offers investors a quarterly dividend of $0.42, for a dividend yield of roughly 3.39 percent. Shares of Reynolds American have gained approximately 6.0 percent in the past month and are up roughly 7.0 percent year-to-date.

Find out more about Reynolds American including full access to the equity report at: www.StockTheory.com/RAI

Vector Group Ltd. (NYSE: VGR) shares declined 0.09 percent to close at $22.43 a share Thursday. The stock traded between $22.33 and $22.62 on volume of 395,446 shares traded. Reynolds American currently offers investors a quarterly dividend of $0.40, for a dividend yield of roughly 7.11 percent. Shares of Vector Group have fallen approximately 1.5 percent in the past month and are down roughly 5.0 percent year-to-date.

Find out more about Vector Group including full access to the equity report at: www.StockTheory.com/VGR 

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