Philip Morris International is recommended as a 'Buy' due to its strong income, robust dividend growth, and potential for capital appreciation. Its smoke-free products now make up 43% of revenue, with IQOS leading key markets. The company aims to reduce net debt to twice EBITDA by 2026, which could lead to a credit upgrade and enable share buybacks to boost earnings per share. With a 3.6% dividend yield and sustainable payout ratios, Philip Morris is positioned for high single-digit dividend growth and potential 12% annual total returns.
PMET Resources has completed a concept study for processing spodumene concentrate into battery-grade lithium carbonate directly at its Shaakichiuwaanaan site in Quebec, using Primero's ALi® atmospheric leach process. This method offers economic benef...
Philip Morris is showing strong growth with 43% of its sales now from smoke-free products like IQOS, ZYN, and VEEV, which are growing rapidly in some regions. This growth supports management's target of 10% annual adjusted EPS growth over three years...
