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Philip Morris: Q4 Results Support 5.4% Dividend Yield And Low-Teens Return

Published Tue, 11 Feb 2020 10:25:58 -0500 on Seeking Alpha

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The company's cigarette volumes remained stable, with a higher decline in Q4 but mostly explained by inventory moves, and France and Turkey.
IQOS heat-not-burn products had double-digit sequential volume growth in Russia and the E.U., was steady in Japan and was stabilising in Korea.
Management still expects CAGR of "at least" 5% in revenues and 8% in EPS, and also announced plans for an accelerated entry into e-vapor.
At $87.45, shares have a 5.4%... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
BRITISH AMERICAN TOBACCO 37.99   0.0 0.00 2.68 6.64
IMPERIAL BRANDS 27.17   0.0 0.00 0.00 0.00

ALTRIA GROUP - MO
ALTRIA GROUP - MO  


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