I purchased 14 shares of Philip Morris (PM) at $79.50
PM is not without it's troubles though. The increasing regulations, lawsuits, and taxes can spell serious trouble for the company going forward. Volume declines continue to be a concern as well as plain packaging legislation.
Philip Morris International, Inc. is a Virginia holding company incorporated in 1987. The Company's subsidiaries and affiliates and their licensees are engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside the United States of America. Its portfolio comprises both international and local brands. Its portfolio of international and local brands is led by Marlboro.
Philip Morris (PM) Stock Chart
Philip Morris (PM) Basic Statistics
- Ticker Symbol: PM
- PE Ratio: 20 (17 forward p/e)
- Sector: Consumer Goods
- Yield: 5%
- Dividend Growth: 7 years
- 5 Year Dividend Growth Rate: 12.2%
- Payout Ratio: 82 %
- Market cap: $119b
- Beta: 1.03
- Website: http://www.pmi.com
Philip Morris (PM) EPS Growth Chart