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Philip Morris International (PM)

Philip Morris International (PM) is a stock I follow greatly here at 20smoney.com.  Philip Morris engages in the production and sale of cigarettes and other tobacco products in international markets outside the United States.  Philip Morris spun off in 2008 from parent company Altria, which still holds Philip Morris USA (domestic cigarette sales).  Management of Philip Morris has an excellent track record of returning value to share holders through share buy-backs and more importantly, increasing dividend payouts.

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