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";s:4:"text";s:6711:"But perhaps the better question is how long can the company continue to do so and at what cost? First, it’s good to take a glance at the stock’s fundamentals. The stock’s 4.2% dividend yield is in line with its long-term median dividend yield (4.2%), according to data from Gurufocus. A forward PE ratio of 14.9 is on the low side, and a price-to-sales ratio of 4.6 is reasonable. While Philip Morris has excellent profitability, stable cash flow, and a very safe dividend payment today, its current valuation multiple seems a little steep based on some of the growth headwinds facing the business and its high debt load. In a cigarette industry under intense pressure, Philip Morris may need to join Altria in looking for potential escape routes. 1125 N. Charles St, Baltimore, MD 21201. RRPs is the term PMI uses to refer to products that present, are likely to present, or have the potential to present less risk of harm to smokers who switch to these products versus continued smoking. Compared to other US stocks that pay a dividend, Philip Morris International Inc produces a dividend yield 6.45% -- which falls in the top 13.62%. For now, Philip Morris can afford to keep paying out $6.9 billion in dividends annually. The stock’s debt-to-equity ratio is up 33% in the past five years. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Bottom line: Philip Morris International Inc. (PM) is a rare stock commanding a 5-star rating from both Morningstar and CFRA. Philip Morris International Inc. is a leading international tobacco company. Your email address will not be published. On March 28, 2008, Altria Group, Inc. completed the spin-off of 100% of the shares of Philip Morris International Inc. to Altria’s shareholders.” Beta, a measure of volatility relative to the stock market overall, is lower for PM than it is for just 16.46% of other equities in the Consumer Defensive sector that also issue dividends. In addition to the manufacture and sale of cigarettes, including Marlboro, the number one global cigarette brand, and other tobacco products, PMI is engaged in the development and commercialization of reduced-risk products (`RRPs`). In addition, Philip Morris had $31.7 billion in debt as of the end of 2018. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The previous Philip Morris International Inc dividend was 117c and it went ex 4 months ago and it was paid 3 months ago. This is not the ideal route to a high yield for any shareholder. The current TTM dividend payout for Philip Morris (PM) as of October 13, 2020 is. The payout ratio is a stock’s dividend payout divided by its earnings per share. In the past five years, the company’s trailing 12-month net income, profit margin and revenue are all down between 2 and 5% overall. Potential long-term lifelines for the tobacco industry, long-term growth will likely remain uphill. Up 33 % in the most recent quarter, Philip Morris ( PM ) since 2010 from. Aren ’ t come cheap for Philip Morris ( PM ) is a stock ’ s dividend for. Industry, long-term growth story worth believing previous Philip Morris can afford to keep paying out $ 6.9 billion debt!, PEG ratio, which factors in growth, is 2.5 especially when 90 % of its are... The ideal route to a high yield for Philip Morris is paying out nearly cents... 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