Three Dividend Paying Stocks

Which brings me to my first “forever” dividend paying stock, Phillip Morris International (PM) . With a five- year projected earnings growth of 7.95%, the stock trading at a P/E of 15.1 on this year’s earnings, trailing-twelve-month free cash flow of almost $8.4 billion, and a 4.8% dividend, Philip Morris is in solid shape.

Master Limited Partnerships

Master Limited Partnerships, also referred to as MLPs, are potentially an excellent option for those investors who are focused on income. Master Limited Partnerships are legally considered to be partnerships. Because of this, even though they are traded like normal…