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Philip Morris International: Time to Buy the Ultimate Dividend Growth Stock?
PMPMI(PM) The Motley Fool·2024-07-28 09:00

There is plenty of room for this dividend to grow over the next decade.We have entered a new age of nicotine consumption. Led by Philip Morris International (PM 0.14%), consumers around the globe are turning from traditional cigarettes to safer ways to maintain their nicotine habits. The global tobacco giant is smartly cannibalizing its existing cash cow to position itself to dominate new markets in the coming decades.Reporting second-quarter earnings on July 23, Philip Morris showed strong growth yet again ...