MO is the old Philip Morris US operations, Altria, MO. MO pays a 7% dividend. PM is the old Philip Operations outside of the US, pays a 4% divy
MO is moving to smokeless tobacco called snus. 60 Minutes did a great story on snus. It is basically a pouch of nicotine that you suck on, no need to spit. You get the cigarette fix, without the lung issues and mouth issues of chewing tobacco.
Sure there are lawsuits but everyone for 40 years now knows that cigarettes were bad. I hate cigs, but why not make money on everyone lighting up?
I'll come back to PEG at $30 and change again, it it gets there