Previous close | 94.79 |
Open | 95.16 |
Bid | 96.30 x 900 |
Ask | 98.25 x 900 |
Day's range | 95.14 - 96.54 |
52-week range | 82.85 - 109.81 |
Volume | |
Avg. volume | 4,497,445 |
Market cap | 149.284B |
Beta (5Y monthly) | 0.71 |
PE ratio (TTM) | 17.39 |
EPS (TTM) | 5.54 |
Earnings date | 19 Apr 2023 - 24 Apr 2023 |
Forward dividend & yield | 5.08 (4.97%) |
Ex-dividend date | 21 Dec 2022 |
1y target est | 108.85 |
Tobacco company Philip Morris International (NYSE: PM) was created when Altria Group (NYSE: MO) spun off its non-U.S. businesses in 2008. Philip Morris is a U.S. company that reports in USD; when the dollar is stronger than currencies in other foreign markets, the company takes an exchange rate hit on every dollar it brings in. Here are three reasons to consider buying Philip Morris stock today.
Dividend stocks are normally top-notch safe-haven plays. Speaking to this point, the bellwether Vanguard High Dividend Yield ETF has dipped by 6.84% over the prior 12 months. The net result is that a surfeit of income stocks now offer yields in excess of 5% per year, a mark that is nearly three times higher than the average yield among stocks listed on the benchmark S&P 500.
Philip Morris (PM) closed the most recent trading day at $96.18, moving -1.2% from the previous trading session.