Like Growing Dividends? Consider This Stock

Nearly three weeks removed from Russia's invasion of Ukraine, there's no denying the effect on global equity markets. The S&P 500 index has dropped 3% over the past month, with many stocks falling by much more. 

The world's leading tobacco stock, Philip Morris International (NYSE: PM), has been hit hard, sinking 15% over the last month. But I believe the market sell-off has exaggerated the effect of recent developments in Europe on the stock. Let's discuss the reasons why I believe Philip Morris International is a solid pick for dividend growth investors.

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Source Fool.com