Today Japan Tobacco $2914 (+0,69%) will pay a dividend again today, strengthening my cash flow in the portfolio. For me, JT is one of those classic dividend payers that may not deliver huge growth every year, but pays a reliable and stable dividend.
Why I like the share:
✔️ Defensive business model - tobacco always runs (unfortunately).
✔️ Stable dividend policy.
✔️ Nice side effect: yen adds a bit of currency spice to the portfolio.
Sure, you can't forget risks such as regulation or falling smoking figures 🚭 - but as long as the cash is right, JT fits my dividend strategy.
Have a nice day everyone.
