Philip Morris (NYSE:PM) delivered better-than-expected sales and earnings for the second quarter, as market-share gains and strong pricing across different geographies allowed the company to deliver solid performance. Besides, big and consistent capital distributions are a big plus for investors in the company. On the other hand, cigarette sales volume are still falling around the world, and that's a major risk factor to consider.
Is it the right time to buy Philip Morris, or are the risks too high at this stage? The following slideshow offers some ideas for investors willing to take a look at Philip Morris and its potential as an investment in the years ahead. Top dividend stocks for the next decade
The smartest investors know that dividend stocks simply crush their non-dividend-paying counterparts over the long term. That’s beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor’s portfolio. To see our free report on these stocks, just click here now.
Top dividend stocks for the next decade
Andrés Cardenal owns shares of Apple. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.