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Stock impact report

2 Reasons to Buy 5.6% Dividend-Yielding Philip Morris International Stock Today [Yahoo! Finance]

Philip Morris International Inc (PM) 
Last philip morris international inc earnings: 4/21 06:59 am Check Earnings Report
US:NYSE Investor Relations: pmi.com/investor-relations/overview
Company Research Source: Yahoo! Finance
However, that could soon change, with the company seeing some attractive growth opportunities ahead. Let's look at why investors should consider buying the stock today. 1. Smokeless opportunities Philip Morris International has long been known for selling cigarettes, in particular its Marlboro brand, in markets outside the U.S., while Altria has retained the rights to sell Marlboro and other brands within the U.S. International markets have generally held up better, with Philip Morris International able to solidly grow its combustible cigarette business through price increases against modest volumes declines. For example, in 2023 the company saw its combustible sales grow 5.5% organically on the back of an 8.9% increase in pricing. However, it is the company's smokeless products, Zyn and Iqos, that should get investors excited. And while the company does not sell cigarettes in the U.S., it currently sells Zyn there and will soon have the rights to sell Iqos products in the U Show less Read more
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