[RexBeach]

So, why did Philip Morris International just raise its dividend(again) by more than 10.4%?

Fellow Freepers, Be careful of this kind of information from that website. No way to know if this is genuine data; and just ‘cause a “handful” of rich folk are selling stock, that doesn’t mean they’re correct in doing so.

Be very careful.

-Rex

[GOPJ]

So, why did Philip Morris International just raise its dividend(again) by more than 10.4%?

I don't know what's going on - but I do know that food and tobacco companies do just fine in a depression.

[wideminded]

So, why did Philip Morris International just raise its dividend(again) by more than 10.4%?

They have to pay extra to get people to overlook their reputation.

[what's up]

Sometimes companies raise their dividends to hold onto investors who might otherwise sell. That might portend a downturn in price.

On the other hand, Buffett might be getting out of consumer stocks because he sees a better opportunity in value stocks. This column doesn't say where he put the money he liquidated.

[editor-surveyor]

Hey Rex, the big guys are getting out because the markets have no bottom, and the purpose of QE is to help them get out.