15 Best Dividend Stocks of 2025

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

YTD Return as of the Close of June 25: 48.3%

Philip Morris International Inc. (NYSE:PM) was always closely linked to cigarettes. However, in 2016, the company shifted its focus toward creating a smoke-free future, initiating a transformation within both its business and the broader tobacco industry.

Since then, efforts have been centered on developing, scientifically validating, and responsibly marketing smoke-free products that pose less harm than traditional cigarettes, with the ultimate goal of replacing cigarettes entirely. These smoke-free alternatives do not burn tobacco or produce smoke, resulting in significantly lower levels of harmful substances.

In the first quarter of 2025, Philip Morris International Inc. (NYSE:PM) reported strong performance from its smoke-free segment, which contributed 42% of total net revenues and 44% of gross profit. Shipment volumes rose by 14.4%, net revenues increased by 15% (20.4% on an organic basis), and gross profit grew by 27.7% (33.1% organically). The company’s smoke-free products are now available in 95 markets, with a multicategory portfolio launched in 46 of them.

In addition to this, Philip Morris International Inc. (NYSE:PM)’s dividend history is also commendable. The company has raised its payouts for 15 years straight. Currently, it pays a quarterly dividend of $1.35 per share and has a dividend yield of 2.99%, as of June 26.