PM dividend – Philip Morris International: Dividend Giant Yields 5.49% Again
June 17, 2023
🌥️Trending News
Philip Morris International ($NYSE:PM) (PMI) is one of the world’s largest tobacco companies and a global leader in the production and distribution of cigarettes and other tobacco products. As such, it has become an attractive dividend paying stock for investors, with a current dividend yield of 5.49%. These numbers suggest that PMI is in good financial health and could continue to be a reliable source of dividend income for many years to come. For wise investors, PMI is an excellent choice for dividend income.
The company’s strong financials and consistent dividend growth make it an attractive long-term investment. With a current dividend yield of 5.49%, PMI is one of the highest yielding stocks available in the tobacco industry, making it a great choice for investors looking for reliable income.
Dividends – PM dividend
Philip Morris International (PMI) is a dividend giant. Looking ahead, the dividend yields are estimated at 5.14% in 2021, 5.2% in 2022, and 5.2% in 2023, with an average dividend yield of 5.18%. If you are looking to invest in dividend stocks, be sure to add Philip Morris International to your list of considerations. With its consistently high dividend yields, PMI is a great option for investors who want to increase their income with a reliable dividend stock.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PM. More…
| Total Revenues | Net Income | Net Margin |
| 32.03k | 8.69k | 27.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PM. More…
| Operations | Investing | Financing |
| 10.8k | -15.68k | 3.81k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 62.06k | 69.11k | -5.75 |
Key Ratios Snapshot
Some of the financial key ratios for PM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.0% | 1.3% | 36.9% |
| FCF Margin | ROE | ROA |
| 30.4% | -82.6% | 11.9% |
Analysis
At GoodWhale, we recently analyzed the financials of PHILIP MORRIS INTERNATIONAL and determined that it is a medium risk investment in terms of both financial and business aspects. After taking a deep dive into its balance sheet and financial journals, we found two risk warnings that potential investors should be aware of. If you’d like to learn more about these risks and other information related to PHILIP MORRIS INTERNATIONAL, please register on GoodWhale.com for full access to our analysis. More…
Peers
The tobacco industry is highly competitive, with Philip Morris International Inc. (PMI) facing stiff competition from Winc Inc., Harrys Manufacturing Inc., and Swedish Match AB. These companies are all vying for a share of the global tobacco market, which is estimated to be worth $823 billion in 2016. PMI is the world’s largest tobacco company, with a market share of 29.3%. Winc is the second largest player, with a market share of 17.1%. Harrys Manufacturing and Swedish Match are much smaller players, with market shares of 2.6% and 1.9%, respectively.
– Winc Inc ($NYSEAM:WBEV)
Winc Inc is a publicly traded company with a market capitalization of 7.84 million as of 2022. The company has a negative return on equity of 63.55%. Winc Inc is a provider of business software solutions. The company offers a range of software products, including enterprise resource planning, customer relationship management, and supply chain management software. Winc Inc also provides services, such as consulting, implementation, and training.
– Harrys Manufacturing Inc ($OTCPK:WSRRF)
Harrys Manufacturing Inc has a market cap of 5.06M as of 2022. The company has a Return on Equity of -392.33%. Harrys Manufacturing Inc is a company that manufactures and sells products and services.
– Swedish Match AB ($LTS:0GO4)
Swedish Match AB is a holding company that, through its subsidiaries, manufactures and sells tobacco products, including cigarettes, smokeless tobacco, and cigars. The company has a market cap of 167.13B as of 2022 and a Return on Equity of -107.57%. Swedish Match AB’s products are sold in over 150 countries. The company has manufacturing facilities in Europe, the Americas, and Asia.
Summary
Philip Morris International is a large international tobacco company that offers a 5.49% dividend yield. Analysts have issued a Buy rating on the stock, citing strong earnings growth and a well-covered dividend. The company has an attractive dividend payout ratio and a strong balance sheet with declining debt levels. Its dividend is considered safe, with a low payout ratio and expected earnings growth.
Philip Morris International has also been investing in research and development of new products, which could be an additional source of income and growth in the coming years. Overall, Philip Morris International looks like an excellent choice for investors looking for a solid dividend yield and potential capital appreciation.
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