Philip Morris International: Time to Buy the Ultimate Dividend Growth Stock? – The Motley Fool

Philip Morris International (PMI) is a company that many investors have their eyes on as a potential dividend growth stock. With a strong track record of consistent dividend payments and a focus on innovation in the tobacco industry, PMI is considered by some to be a solid choice for those looking to add a reliable income stream to their investment portfolio.

PMI has a long history of paying dividends to its shareholders, with a current dividend yield of around 6%. This high yield, combined with the company’s strong financial performance, has led many analysts to believe that PMI is a good choice for income-seeking investors.

In addition to its attractive dividend yield, PMI is also focused on innovation in the tobacco industry. The company has been investing heavily in research and development to create new products that appeal to a changing consumer base. This focus on innovation has helped PMI stay ahead of its competitors and continue to grow its market share.

Overall, PMI is considered by many to be a solid choice for investors looking for a dividend growth stock. With a strong track record of consistent dividend payments, a focus on innovation, and a high dividend yield, PMI is a company that should be on the radar of income-seeking investors.