PM - 5% Yield: Philip Morris Is A Smokin' Deal In A Tricky Market
2024-06-21 11:14:50 ET
Summary
- Philip Morris International offers a 5.1% dividend yield with a strong balance sheet and a focus on smoke-free products for growth.
- The company's international exposure and successful shift towards emerging markets provide growth opportunities, making it a compelling choice for income-focused investors.
- PM's attractive mix of value and income, along with its global market presence and strong financial health, make it a solid buy for investors seeking high-yield income with low risk.
Introduction
Generally speaking, when a stock price history looks like this, I quickly lose interest:
However, when the total return (capital gains + dividends) chart looks like this, I'm interested again: