Frequent question: Is Philip Morris dividend safe?

Is Philip Morris a good dividend stock?

Based on the recent stock price, the company’s dividend payout puts the Philip Morris dividend yield at a very attractive 4.8% (at the time of this update).

Will Philip Morris raise its dividend?

(NYSE: PM) today increased the company’s regular quarterly dividend by 4.2% to an annualized rate of $5.00 per share. The new quarterly dividend of $1.25 per share, up from $1.20 per share, is payable on October 14, 2021, to shareholders of record as of September 29, 2021.

Is Mo Div safe?

We believe the current Dividend Yield of 7.3% is safe, both the dividend and the share price will grow significantly in the next few years, and our forecasts show a 65% total return (17.2% annualized) by 2024 year-end, with additional upside if the ABI stake is sold after the lockup expires this October.

Is PM a safe stock?

The financial health and growth prospects of PM, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.

Will PM increase its dividend in 2021?

Philip Morris International Inc (PM) will begin trading ex-dividend on September 28, 2021. A cash dividend payment of $1.25 per share is scheduled to be paid on October 14, 2021. … This represents an 4.17% increase over prior dividend payment. At the current stock price of $101.82, the dividend yield is 4.91%.

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Is Altria a good stock to buy now?

The bottom line: Altria is not a buy yet. Moreover, MO stock has mediocre ratings. Earnings growth might tick higher this year. But revenue has bounced between anemic growth and modest declines.

What are the safest high dividend stocks?

Stocks

  • ENB. Enbridge Inc. NYSE:ENB. …
  • O. Realty Income Corporation. NYSE:O. …
  • BIP. Brookfield Infrastructure Partners L.P. NYSE:BIP. …
  • AVB. AvalonBay Communities, Inc. NYSE:AVB. …
  • VER. VEREIT, Inc. NYSE:VER.
  • BEP. Brookfield Renewable Partners L.P. …
  • BIPC. Brookfield Infrastructure Corporation. …
  • BEPC. Brookfield Renewable Corporation Inc.

What are the safest dividend stocks in Canada?

Best Canadian Dividend Stocks to Buy Now

  • Bank of Montreal (NYSE: BMO) Number of Hedge Fund Holders: 15 Dividend Yield: 3.39% …
  • Royal Bank of Canada (NYSE: RY) Number of Hedge Fund Holders: 18 Dividend Yield: 3.55% …
  • Fortis Inc. (NYSE: FTS) …
  • AltaGas Ltd. (OTC: ATGFF) …
  • Algonquin Power & Utilities Corp. (NYSE: AQN)

What are the top 5 dividend stocks?

Best Dividend Stocks with Over 5% Yield According to Hedge Funds

  • Equitrans Midstream Corporation (NYSE: ETRN) Number of Hedge Fund Holders: 27 Dividend Yield: 7% …
  • Two Harbors Investment Corp. (NYSE: TWO) …
  • New York Community Bancorp, Inc. (NYSE: NYCB) …
  • Valero Energy Corporation (NYSE: VLO) …
  • Kinder Morgan, Inc.