|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's Range||100.04 - 100.86|
|52 Week Range||68.37 - 100.86|
|Beta (5Y Monthly)||0.85|
|PE Ratio (TTM)||18.14|
|Forward Dividend & Yield||4.80 (4.78%)|
|Ex-Dividend Date||Jun. 24, 2021|
|1y Target Est||N/A|
Zacks Industry Outlook Highlights: Vector Group, Philip Morris International and Altria Group
Philip Morris (PM) approves a new share buyback plan of up to $7 billion and announces a quarterly dividend. Solid pricing power and strength in RRPs are key growth drivers for the company.
Solid pricing as well as growth in low-risk tobacco alternatives are favoring performance of tobacco players such as Philip Morris (PM), Altria (MO) and Vector Group (VGR).