Philip Morris International: Something To Offer For Everyone – Seeking Alpha

Over the past few weeks, I have received several emails from Seeking Alpha relating to news updates or new articles on tobacco giant Altria Group (MO). This inspired me to revisit another similar company that I have followed but not written about for several years, Philip Morris International (PM). Historically, Philip Morris International has had better fundamentals than its former corporate parent, largely due its lack of exposure to the US market, in which smoking and tobacco use carries a social stigma not present in much of the rest of the world. Tobacco companies have also traditionally boasted a strong dividend, which I have always found appealing, although Philip Morris International’s dividend is somewhat lower than other tobacco companies by virtue of the greater growth premium priced into the stock.

About Philip Morris International

Philip Morris International is a giant tobacco company that was once part of Altria Group. The company was spun off from its former corporate parent in 2008 as it was the only tobacco unit of Altria Group that was delivering sales and earnings growth and management

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