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Why Is Philip Morris Stock Gaining Friday? - Philip Morris Intl (NYSE:PM)
Benzinga· 2025-09-19 12:18
Core Insights - Philip Morris International Inc has announced an 8.9% increase in its regular quarterly dividend, raising the annualized payout to $5.88 per share, with the new quarterly dividend of $1.47 payable on October 20 [1][2] - Since becoming a standalone public company in 2008, Philip Morris has raised its dividend every year, with a cumulative increase of 219.6%, reflecting a compound annual growth rate of about 7.1% [2] - The company has lifted its adjusted earnings per share forecast for fiscal 2025 to a range of $7.43 to $7.56, and expects organic net revenue growth of 6% to 8% for 2025 [3] Financial Projections - Philip Morris anticipates a 1% decline in international cigarette and heated tobacco unit volumes (excluding China and the U.S.) in 2025, while projecting its own total shipment volumes to grow around 1% [4] - The growth in total shipment volumes is expected to be driven by a 12% to 14% increase in smoke-free products, which will partially offset an anticipated ~2% decline in cigarette volumes [4] - For the third quarter, the company has guided to adjusted EPS of $2.08 to $2.13 [4] Market Performance - PM shares were trading higher by 2.81% to $166.30 [5]
Critical Metals Corp. Publishes New Presentation on Investor Website
Globenewswire· 2025-04-23 12:00
Core Insights - Critical Metals Corp is a leading mining development company focused on critical metals and minerals essential for electrification and next-generation technologies in Europe and its western partners [1][3] - The company's flagship project, Tanbreez, is one of the largest rare earth deposits globally, located in Southern Greenland, with year-round shipping access via deep water fjords [1][3] - The Wolfsberg Lithium Project in Austria is the first fully permitted mine in Europe, strategically positioned to become a major producer of lithium products for the European market [2][3] Company Overview - Critical Metals Corp is dedicated to becoming a reliable and sustainable supplier of critical minerals for defense applications, clean energy transition, and next-generation technologies [3] - The company has established partnerships for offtake and downstream operations, enhancing its strategic asset portfolio [2][3]