787,963 Shares in Philip Morris International Inc. $PM Acquired by Hamlin Capital Management LLC

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2026-03-20 19:08:34

Abstract generation in progress

Hamlin Capital Management LLC recently acquired a significant new stake of 787,963 shares in Philip Morris International (NYSE:PM), valued at approximately $127.8 million, making it their 23rd largest holding. This acquisition comes despite recent stock sales by PM’s CFO and CEO. Philip Morris also declared a quarterly dividend of $1.47, implying an annual yield of about 3.4%.

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