Philip Morris reported a 7.6% organic revenue increase and 15% adjusted EPS growth in Q2, driven by strong pricing, steady cigarette sales, and growth in its next-generation product portfolio. The company raised its dividend by 8.8% and offers a 3.4% yield, supported by a solid A- rated balance sheet. The outlook is positive, with expectations of mid-teens annual total returns as the shift to smoke-free products fuels future growth. This makes Philip Morris an attractive buy for investors seeking growth and income with a defensive stance.
Philip Morris shares are trading at USD 189.66 on Pluang as of Oct 06, 2026 18:51 WIB, showing a slight 0.07% increase for the day. The stock offers a dividend yield of 3.38%, closely matching the article's mention of a 3.4% yield. Despite a majority of Pluang users selling the stock with 81% sell orders, the market cap stands strong at $295.40 billion, reflecting its significant presence in the consumer staples sector.
