Better High-Yield Dividend Stock to Buy: Altria vs. Philip Morris
Tobacco stocks have long been ripe territory for income investors, and after years of consolidation and decline, the industry has been whittled down to three major players: Altria (NYSE: MO) and Philip Morris International (NYSE: PM), which were once part of the same company; and British American Tobacco. BAT deserves consideration from income investors open to tobacco stocks, but here we'll focus on just Altria and Philip Morris, two companies with similar product portfolios and who have a history of working together.
When the old Philip Morris split in 2008 into Philip Morris International and Altria, which is the parent of Philip Morris USA, PMI took the territory outside the U.S., while Altria retained domestic operations, and the two companies have evolved since. Let's take a look at how the two stocks stack up in various categories to see which is the better buy today.
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Source Fool.com
British American Tobacco PLC Stock
The community is currently still undecided about British American Tobacco PLC with 1 Buy predictions and 0 Sell predictions.
With a target price of 42 € there is a hugely positive potential of 50.43% for British American Tobacco PLC compared to the current price of 27.92 €.
