9/6-9/12 Cigarette Industry

Vector Group has announced on September 8th that it will be paying a $.40 quarterly cash dividend starting September 29th. Those who own shares as of September 18th will receive the dividend. I'm pretty excited about the $.40 per share considering how much I invested in this company. With the stock market fluctuating so much, it is good to know that a company still thinks about its stock holders enough to provide dividends. With the shares only being an average of $16 per share, I don't know how smart of a decision it will be to pay out so much money to the stockholders. It could potentially boost stocks greatly in this company if people invest knowing that they will receive a quarterly dividend.

The Reynolds American Company and Wellstone Filter Sciences have filed a lawsuit against the government concerning the government forbidding the promotion of "safer cigarettes". The cigarette and filter company are teaming up to argue that forbidding them to promote the cigarettes are hurting their potential gains in the market. The government believes that promoting a "safer cigarette" will cause people to start smoking or keep smoking longer. I personally believe that knowing more about a cigarette that will be less hazardous to my health would be life changing. If I were a either a seasoned smoker or a new smoker it would not negatively affect me knowing about a safer cigarette. If they win this lawsuit, I feel like the Reynolds Company's business will sky-rocket.