By: Dividend Sensei
For over 50 years, high-yield tobacco blue chips have been rich retirement dream stocks.
This industry leader in reduced-risk products has as its official policy that it wants to stop selling cigarettes in most countries within 10 to 15 years.
Management believes it can drive 9+% long-term growth from this strategy, and analysts expect 9% to 14% growth.
Combined with a very safe 5% yield, this dividend king offers 14% to 19% long-term returns that could not only crush the S&P and aristocrats but potentially the Nasdaq for decades to come.
Rating agencies and bond investors, the “smart money” on Wall Street, agree, this blue-chip is the highest quality and lowest risk nicotine blue-chip in the world. This is why I’m steadily accumulating shares in my retirement portfolio.