
While many companies offer reliable dividend yields, Philip Morris International (PM) has stood out for its impressive year-to-date capital gains and consistent dividend payments. This combination has solidified its position as one of the hottest dividend plays of the year.
PMI stock has jumped 51.1% year-to-date, significantly outperforming the broader market. For comparison, the S&P 500 Index ($SPX) is up about 0.4% over the same period. This impressive performance highlights the company’s solid fundamentals and suggests even more growth potential ahead.