This company has continued to grow global market share and its stock makes good sense for total return investors now. Philip Morris International Inc. (NYSE: PM) is one of the largest international cigarette producers, with a share of 28% of the international cigarette/heated tobacco market. Key combustible brands include Parliament, L&M and Marlboro, one of the most valuable brands in the world.
The company is commercializing IQOS, a heat-not-burn product, in over 40 markets, which could drive earnings in the years to come. Most on Wall Street believe the company offers superior underlying growth prospects, both near term and long term. The share price has been weak of late as investors have questioned the growth potential of its reduced-risk products, and the overall market weakness has contributed. All of its sales are outside of the United States.
Shareholders receive a stellar 4.63% dividend. The $1.20 per share dividend is expected to rise to $1.23.
Deutsche Bank has set a Wall Street high $120 price target. The consensus target on Philip Morris International stock is $109.57, and the share price dropped below $103 on Monday for the first time in a week.
This old-school semiconductor maker also trounced estimates, but disappointing guidance brought in the sellers. Texas Instruments Inc. (NASDAQ: TXN) is a broad-based supplier of semiconductor components, ranging from digital signal processors to high-performance analog components, to digital light-processing technology and calculators.
Some 65% of the company’s sales are exposed to the well-diversified, business-to-business industrial, automotive, communications infrastructure and enterprise markets. The company is a big Apple supplier, so the long-term outlook for this venerable leader makes it a safer bet for investors with less risk tolerance.
Shareholders now receive a 2.16% dividend. The expected dividend hike is to $1.13 per share from $1.02.
KeyCorp has a $240 price target. The consensus target is just $204.03, and Texas Instruments stock was trading at $191.35 on last look.
Five blue chip sector-leading companies that all are rated Buy across Wall Street and are expected to lift the dividends they pay to shareholders. Not only is increasing dividends and returning capital to investors important, but it also shows that the company is doing well and has the earnings and cash flow strength to increase the payouts.
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