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Want Income for Life? Philip Morris International Yields 3.2% and Has the Kind of Competitive Moat That Makes the Income Durable.

Source: fool.com

Company FundamentalsConsumer Demand & Retail
Want Income for Life? Philip Morris International Yields 3.2% and Has the Kind of Competitive Moat That Makes the Income Durable.

International cigarette volumes are holding up better than U.S. volumes, benefiting Philip Morris. The article also says the company’s reduced-risk products continue to thrive, but provides no figures or specific market reaction.

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