25 Best Dividend Stocks to Buy According to Billionaires

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1. Philip Morris International Inc. (NYSE:PM)

Number of Billionaire Investors: 22

Dividend Yield as of March 3: 3.41%

Philip Morris International Inc. (NYSE:PM) is a multinational tobacco company that also offers a wide range of related products. The company posted strong results for the fourth quarter of 2024, generating $9.7 billion in revenue, up 7.3% from the previous year. Operating income increased by 14.8% year-over-year, reaching $3.3 billion. The company’s smoke-free products saw impressive growth, with shipments of heated tobacco units (HTU) and oral nicotine products surpassing 40 billion units in a single quarter for the first time.

A major driver of growth has been Zyn, a nicotine pouch brand that uses nicotine powder and flavoring instead of traditional tobacco. Since acquiring the brand in late 2022, Philip Morris International Inc. (NYSE:PM) has seen strong demand, with Zyn’s sales volume jumping 46.2% in the fourth quarter to 183.8 million cans. The company anticipates continued expansion, projecting Zyn shipments to rise between 34% and 41% in 2025, totaling between 780 million and 820 million cans.

Philip Morris International Inc. (NYSE:PM) has also remained a favorite among dividend investors. The company offers a quarterly dividend of $1.35 per share and has a dividend yield of 3.41%, as of March 3. With 15 years of consecutive dividend increases, it continues to be one of the most attractive dividend stocks in the market.

Overall, Philip Morris International Inc. (NYSE:PM) ranks first on our list of the best dividend stocks according to billionaires. While we acknowledge the potential for PM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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