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Altria folks

Posted on 12/12/14 at 4:53 pm
Posted by Fat Man
Gotta Luv Cov ... ington
Member since Jan 2006
7057 posts
Posted on 12/12/14 at 4:53 pm
Thanks for the recommendation 18 months ago. I'm up 62%.

Maybe sell off a 1/3? 1/2?
Posted by oR33Do
Tuscaloosa
Member since Oct 2012
13561 posts
Posted on 12/12/14 at 5:03 pm to
Altria is a stock you should be keeping long term for the dividends. It's the holding company for Phillip Morris right?

Posted by Fat Man
Gotta Luv Cov ... ington
Member since Jan 2006
7057 posts
Posted on 12/12/14 at 5:43 pm to
quote:

t's the holding company for Phillip Morris right?


Yes.
Posted by oR33Do
Tuscaloosa
Member since Oct 2012
13561 posts
Posted on 12/12/14 at 6:57 pm to
Maybe a question for some of the others around here, but I would hold onto it.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2788 posts
Posted on 12/12/14 at 9:15 pm to
My average cost basis is $34.54 so I'm not up quite as much as you. I'm holding as I like the current dividend yield and it appears it will keep increasing.

But, I wouldn't argue against taking some profits especially if it was a large part of my holdings.
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