Philip Morris International Inc. (NYSE: PM) announced a quarterly dividend of $1.47 per share, continuing its 18-year streak of dividend growth. Previously, the company's stock price dipped to around $173. The company expects a dividend yield of 3.28%, with Q4 earnings per share of $1.70, in line with expectations, and revenue of $10.4 billion. Analysts highlighted the company's transition to smoke-free products and strong cash flow, and set a consensus target price of $194.09.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin