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Philip Morris International: Smoking Hot Dividend Stock With a 5% Yield

- By Ben Reynolds

Dividend growth investors are often drawn to securities with generous yields. This seems appropriate because the higher the yield, the more income produced. Sometimes, though, high yields can be a warning sign of the underlying business struggling. A high yield can also signal an upcoming dividend cut.

Other times, a business that is performing well can offer its shareholders a high yield that is unlikely to be cut. One of the best high-dividend stocks is Philip Morris International Inc. (PM).