Philip Morris: A Top Income Stock With A 6% Yield

Baloncici/iStock Editorial via Getty Images Philip Morris International (NYSE:PM) is a well-run tobacco firm that makes continual gains in the smoke-free product segment. Philip Morris is seeing strong growth for its heated tobacco and electronic cigarette products, and the company has laid out ambitious growth targets to expand its tobacco-free product segments to a two-third revenue share by the end of the decade. Since Philip Morris is growing its profits in the smoke-free segment especially fast, a  ...