Mar. 5 at 4:52 PM
📉
$PM slipped over 3% after earnings, even as Philip Morris reaffirmed its
$1.47 quarterly dividend. No increase this time, but the payout keeps one of the most reliable income streaks alive.
The stock now sits around
$173, well below recent highs, and investors are debating: dip to buy… or warning sign?
💰 Annual dividend:
$5.88 (≈3.3% yield)
📈 18 straight years of dividend growth
🚬 Big pivot toward smoke-free products like IQOS and ZYN driving the long-term story.
Analysts remain mostly bullish, with price targets reaching
$210.
For income investors,
$PM still checks the boxes: strong cash flow, steady dividends, and a transition toward next-gen nicotine products.
The question now: temporary pullback… or a better entry?
