Tobacco, Beer and Spirits: 4 Sin Stocks Paying Dividends Up to 5.5%

Impact · against what's priced in

The article provides no catalysts for these stocks as the highlighted growth in smokeless tobacco and dividend coverage levels are already baked into current valuations. For STZ, the strong dividend coverage merely confirms the safety buffer the market already recognizes amidst ongoing beer volume declines.

STZ+0.00

Already priced in

The price assumes

the group's highest leverage ratio of 3.38x

The article notes that the $4.12 dividend consumes only 37% of EPS guidance despite a 3.38x leverage ratio; this confirms the existing buffer against high debt already factored into the price.