Philip Morris International (PM): A Popular High Dividend Stock for Retirement Portfolios

Posted On February 8, 2017 6:14 pm

Philip Morris International is one of those safe, high-yield blue chips that is a favorite among retirees, and for good reason. BUT when you dig deeper into the company’s fundementals it becomes obvious that now isn’t the right time to buy.

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Dividend Sensei
Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I currently write for both Seeking Alpha, Simply Safe Dividends, and DividendSensei.com My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams, and enrich their lives. With 22 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams. I'm currently on an epic quest to build a broadly diversified, high-quality, high-yield dividend growth portfolio that: 1. Pays a 5% yield 2. Offers 7% annual dividend growth 3. Pays dividends AT LEAST on a weekly, but preferably, daily basis

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