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Lorillard (LO) Dividend Stock Analysis
Lorillard (LO) is the third largest US tobacco company and the largest marketer of menthol cigarettes. Lorillard does not cell cigarettes directly to consumers, but rather sells them to distributors who resell them. Lorillard has around 500 distributors who in turn service around 400,000 accounts. Lorillard’s cigarette brands include Newport, Kent, True, Maverick, and Old Gold. The Newport brand is the second biggest selling cigarette brand in the US, and the best selling menthol brand. … Read entire article »
Filed under: Stock Analysis
