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

While it may surprise many investors, history has shown us that many of the best long-term investments aren’t hyper-growth companies but much more boring dividend growth machines.

For example, in the last 50 years Altria (MO), formerly Philip Morris, has been one of the best performing stocks on a total return basis, rising an incredible 6,648 fold.

Back in 2008, Altria spun off its faster growing international tobacco business into Philip Morris International (PM).

Since then, Philip...

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