Rolling Papers Stocks: The Forgotten Medical Marijuana Play

With the huge attention given to companies involved in the medical marijuana or recreational marijuana boom, investors have turned to such companies as fertilizer producers, electronic cigarette manufacturers, garden suppliers, and other companies with very tenuous connections to the marijuana industry. However, one area that has been forgotten is the rolling papers industry. These are the companies that manufacture and market cigarette rolling papers, used as a primary form of consuming cannabis historically.

One of the reasons that these companies are overlooked are that most of these companies are either privately held or are based in Europe. Some of the popular brands, such as Zig-Zag, JOB, and Abadie rolling papers are produced by Republic Group, a privately held company based in in Perpignan, in Pyrénées Orientales, in in Southern France.

Bugler cigarette papers are made by Scandinavian Tobacco Group which is owned by Swedish Match. (SWMAY) (SWMAF), which trades over-the-counter in the United States and also trades on the NASDAQ OMX Stockholm Exchange. The company also makes matches, lighters, and tobacco products. The stock trades at 18 times trailing earnings and 2.5 times forward earnings. Revenues for the latest quarter were up 1.1% yet earnings dropped 21.7%.

One of the oldest brands of rolling papers is RizLa+, which were first made in 1532. The papers are produced by Imperial Tobacco Group (ITYBY) (ITYBF), which trades over-the-counter in the US, and on the London Stock Exchange. The stock has a trailing price to earnings ratio of 38. Both earnings and revenues were down big time for the latest quarter, -40.1% and -4.9% respectively.

Will American tobacco companies get into the marijuana business? That remains to be seen. In the 1960's and 1970's, there were rumors that tobacco companies had registered trademarks of 'famous' marijuana names like Acapulco Gold and Maui Wowie. Based on my initial research, I haven't found that to be true.

However, here is something interesting. In 1973, Heublein, the the publicly traded alcoholic beverage company that distributed such brands as Smirnoff vodka and Jose Cuervo tequila, registered the Trademark Acapulco Gold as a drink mix. Then, get this, in 1982, the R. J. Reynolds Tobacco Company acquired Heublein Inc. Reynolds Tobacco is a subsidiary of Reynolds American (RAI). Yet, the trademark is now listed is Dead by the US Patent and Trademark Office.

Disclosure: Author didn't own any of the above at the time the article was written. 

By Stockerblog.com

Stocks Going Ex Dividend the Third Week of January 2012

Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful, and may need to avoid the technique during those times.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.

Comtech Telecomm. Corp. (CMTL) market cap: $594.2M ex div date: 1/18/2012 yield: 3.8%

Western Asset High Income Fund II Inc. (HIX) market cap: $808.5M ex div date: 1/18/2012 yield: 10.5%

Imperial Tobacco Group PLC (ITYBY) market cap: $37.4B ex div date: 1/18/2012 yield: 4.1%

Main Street Capital Corporation (MAIN) market cap: $539.8M ex div date: 1/18/2012 yield: 8.0%

Putnam Municipal Opportunities Trust (PMO) market cap: $516.2M ex div date: 1/20/2012 yield: 6.6%

Putnam Premier Income Trust (PPT) market cap: $740.1M ex div date: 1/20/2012 yield: 7.0%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Stocks Going Ex Dividend the Third Week of January

Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable Excel list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.

Main Street Capital Corporation (MAIN) market cap: $331.8M ex div date: 1/18/11 yield: 8.5%

Comtech Telecomm. Corp. (CMTL) market cap: $760.8M ex div date: 1/19/11 yield: 3.6%

Enersis S.A. ADR (ENI) market cap: $14.9B ex div date: 1/19/11 yield: 3.6%

Imperial Tobacco Group PLC ADR (ITYBY) market cap: $31.5B ex div date: 1/19/11 yield: 6.3%

Putnam Master Int. Income (PIM) market cap: $382.9M ex div date: 1/20/11 yield: 8.8%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time article was written.

By Stockerblog.com

Stocks Going Ex Dividend the Third Week of January

Buy some dividends for yourself for the new year. The stock trading technique called 'Buying Dividends' has generated a lot of interest from investors. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a free downloadable and sortable Excel list of the stocks going ex dividend during the next week or two. WSNN.com came up with many dividend paying companies companies all with market caps over $500 million. Here are a couple examples showing the stock symbol, the ex-dividend date and the yield.

LTC Properties, Inc. (LTC) ex div date: 1/19/10 market cap: $649.3M yield: 5.7%

Imperial Tobacco Group PLC ADR (ITYBY) ex div date: 1/20/10 market cap: $31.7B yield: 5.6%

Other ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com. For more details on dividend definitions, check out definitions of dividend dates. Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Author doesn't own any of the above.

By Stockerblog.com