Philip Morris: Strong Cash Flow At A Lower Valuation
PMI(PM) Seeking Alpha·2024-09-09 17:20
FotografiaBasica Philip Morris (NYSE:PM) is one of the largest tobacco companies in the world, with a market capitalization of almost $200 billion. The company has a dividend of more than 4% and an incredibly strong portfolio of assets. As we'll see throughout this article, Philip Morris has an impressive portfolio of assets that will support future shareholder returns. We last discussed the company just over a year ago. Since then, the company has almost doubled the performance of the S&P 500, supporte ...