Philip Morris Impresses With Strong Results – Positive Growth Prospects and Attractive Dividend
More growth and higher profits from products in the new categories
Despite the strong price increase, the dividend yield remains attractive at over 3.6%
Reading Time: 1 minute
As part of my dividend favorites for 2025, I mentioned Philip Morris (i) in December. In mid-January, I reported in The Trader Times that I had built an initial position. On February 6, the company announced strong results for the final quarter and the overall year – the stock then rallied significantly. All categories recorded growth. Revenues in the traditional tobacco business also increased by 4%, driven by strong pricing last year. However, the strongest growth comes from the smoke-free segment. With the new categories, the industry has found...
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