Philip Morris InternationalNYSE: PM

Dividends have accounted for the majority of U.S. stock market returns for the last 124 years. Philip Morris and Verizon are two of the most popular dividend stocks in the market today.

Philip Morris International offers a 5.1% dividend yield with a strong balance sheet and a focus on smoke-free products for growth. The company's international exposure and successful shift towards emerging markets provide growth opportunities, making it a compelling choice for income-focused investors. PM's attractive mix of value and income, along with its global market presence and strong financial health, make it a solid buy for investors seeking high-yield income with low risk.

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Swedish Match North America LLC (“SMNA”), a Philip Morris International Inc. (“PMI” or “Company”) affiliate acquired in November 2022, has received a subpoena from the Attorney General of the District of Columbia (also referred to in this press release as, “D.C.”) requesting, among other things, information about SMNA's compliance with D.C.'s ban on the sale of flavored products as it relates to ZYN nicotine pouches. The Company's affiliate, SMNA,.

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) has ranked first in Forbes' 2024 Net Zero Leaders ranking,1 which highlights the 100 U.S. public companies best positioned to reduce their greenhouse gas (GHG) emissions. Forbes used data from firms Sustainalytics and Morningstar to rank companies' commitment to a net zero future. It also considered each company's management structure to aid in risk assessment, governance, strategy, metrics for achieving decarboniz.

Matthew Smith, Stifel analyst, joins 'The Exchange' to discuss Philip Morris' smoke-free products, potential political headwinds, and how they will impact consumers.

Philip Morris is a high-yield stock with a steady income source and a growing dividend. Its current dividend yield is 5.1%, which is slightly lower than its peers, but the company has a strong track record of both price growth and dividend payouts. The stock price of PM is currently increasing and could see further gains when interest rates decrease, making it a good opportunity to buy shares.

Philip Morris International is just outside the top 10 positions in my portfolio of dividend growth stocks. The company's ability to adapt to changing consumer trends is proving to be very successful, with their goal of becoming 2/3 smoke-free by 2030 still achievable. PM's strong balance sheet, rated A, is backed by an interest coverage ratio of over 10.

Zyn has rapidly gained popularity in the U.S. market. The financial benefits of Zyn's unit economics are advantageous for Philip Morris.

Altria has experienced several significant errors while searching for a new business to replace its cigarette operations, while Philip Morris International has been much more successful in diversifying beyond cigarettes.