I recently published an article on Seeking Alpha outlining seven sin stocks with substantial dividend yields.
Two of them are alcoholic beverage companies which I’ve already published analysis articles on, and the other five are some of the world’s largest tobacco companies. The thing that these companies all have in common is that they generate tons of free cash flow because their products require little capital expenditure or new innovation, and sell reliably year after year. Free cash flow means plenty of capital to return to shareholders.
I personally don’t invest in tobacco companies, but for those that do, the article may be of use. It can be found here:
Seven Sin Stocks with Heavenly Dividend Yields