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Barchart
Barchart
Amit Singh

Is This The Hottest Dividend Stock of the Year?

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.

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