This article is about Philip Morris International (PM) and why it's a buy for the dividend income investor that also wants to take advantage of the overdone stock price dip. Philip Morris International is one of the largest manufacturer and distributor of smoking products. PM is a conservative investment for the income investor who also wants moderate growth of 5%.
Philip Morris International is 4.5% of The Good Business Portfolio (a full position). The company has steady growth and has the cash it uses to increase the dividends each year.
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