Philip Morris CEO Says 'Dividend Is Sacrosanct' for Us

The video discusses the global economy, focusing on whether there is a slowdown. It covers Philip Morris's stock valuation, highlighting the company's strategy and the undervaluation of its smoke-free products. The discussion extends to the competition in the heat-not-burn tobacco market, particularly with Altria's JUUL. The video also addresses Philip Morris's dividend policy, the impact of currency fluctuations, and the effect of wage growth on business. Finally, it evaluates the market value of Icos compared to JUUL.

What is the significance of the dividend for Philip Morris?

How does wage growth impact the business of Philip Morris?

What is the current valuation of the ikos product compared to JUUL?