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Philip Morris International (PM) Dividend Yield, Date & History

$102.12
+0.70 (+0.69%)
(As of 07/5/2024 ET)

Dividend Summary

Dividend Yield
5.09%
Annual Dividend
$5.20
Dividend Increase
Track Record
16 Years
Annualized 3-Year
Dividend Growth
2.74%
Dividend Payout Ratio
101.56%
Next
Dividend Payment
Jul. 8
Skip Charts & View Dividend History

Philip Morris International vs. The Competition

TypePhilip Morris InternationalStaples CompaniesNYSE Companies
Annual Dividend$5.20$0.53$1.54
Dividend Yield5.09%280.51%360.02%
Annualized 3-Year Dividend Growth2.74%954.67%1,547.44%
Track Record16 years34 years23 years

Philip Morris International Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings101.56%
Based on This Year's Estimates82.28%
Based on Next Year's Estimates74.61%
Based on Cashflow70.17%

Philip Morris International Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/7/2024quarterly$1.304.99%6/21/20246/21/20247/8/2024
3/7/2024quarterly$1.305.7%3/20/20243/21/20244/9/2024
12/7/2023quarterly$1.305.71%12/20/202312/21/20231/10/2024
9/13/2023quarterly$1.305.51%9/26/20239/27/202310/12/2023
6/9/2023quarterly$1.275.51%6/22/20236/23/20237/11/2023
3/9/2023quarterly$1.275.09%3/22/20233/23/20234/11/2023
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12/8/2022quarterly$1.274.99%12/21/202212/22/20221/11/2023
9/14/2022quarterly$1.275.4%9/27/20229/28/202210/12/2022
6/17/2022quarterly$1.255.09%6/30/20227/1/20227/15/2022
3/10/2022quarterly$1.255.33%3/23/20223/24/20224/12/2022
12/9/2021quarterly$1.255.56%12/22/202112/23/20211/10/2022
9/15/2021quarterly$1.254.9%9/28/20219/29/202110/14/2021
6/11/2021quarterly$1.204.92%6/24/20216/25/20217/12/2021
3/4/2021Quarterly$1.205.6%3/19/20213/22/20214/9/2021
12/10/2020quarterly$1.205.68%12/22/202012/23/20201/11/2021
9/9/2020quarterly$1.205.94%9/23/20209/24/202010/13/2020
6/5/2020quarterly$1.176.17%6/19/20206/22/20207/10/2020
3/5/2020quarterly$1.175.32%3/20/20203/23/20204/9/2020
12/5/2019quarterly$1.175.73%12/18/201912/19/20191/10/2020
9/11/2019quarterly$1.176.25%9/24/20199/25/201910/11/2019
6/7/2019Quarterly$1.145.83%6/20/20196/21/20197/10/2019
3/7/2019Quarterly$1.145.24%3/25/20193/26/20194/11/2019
12/6/2018quarterly$1.145.41%12/19/201812/20/20181/11/2019
9/12/2018quarterly$1.145.89%9/25/20189/26/201810/12/2018
6/8/2018quarterly$1.145.89%6/21/20186/22/20187/11/2018
3/8/2018quarterly$1.074.0041163813266%3/21/20183/22/20184/11/2018
12/7/2017quarterly$1.074.02%12/20/201712/21/20171/11/2018
9/13/2017quarterly$1.073.67%9/26/20179/27/201710/12/2017
6/9/2017quarterly$1.043.46%6/21/20176/23/20177/11/2017
3/9/2017quarterly$1.043.76%3/21/20173/23/20174/11/2017
12/7/2016quarterly$1.0412/20/201612/22/20161/10/2017
9/14/2016quarterly$1.049/26/20169/28/201610/13/2016
6/9/2016quarterly$1.026/21/20166/23/20167/11/2016
12/9/2015quarterly$1.0212/21/201512/23/20151/8/2016
9/15/2015$1.029/28/20159/30/201510/14/2015
6/11/2015quarterly$1.004.89%6/23/20156/25/20157/10/2015
3/11/2015quarterly$1.003/24/20153/26/20154/10/2015
12/10/2014quarterly$1.004.74%12/22/201412/24/20141/9/2015
11/27/2014Quarterly$0.12506.17%11/27/201412/5/201412/5/2014
9/10/2014quarterly$1.004.73%9/23/20149/25/201410/10/2014
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6/12/2014quarterly$0.944.26%6/24/20146/26/20147/11/2014
6/11/2014quarterly$0.946/24/20146/26/20146/11/2014
3/12/2014quarterly$0.944.75%3/25/20143/27/20144/11/2014
12/11/2013quarterly$0.944.41%12/23/201312/26/20131/10/2014
9/11/2013quarterly$0.944.36%9/24/20139/26/201310/11/2013
6/12/2013quarterly$0.853.71%6/25/20136/27/20137/12/2013
3/13/2013quarterly$0.853.72%3/26/20133/28/20134/12/2013
12/12/2012quarterly$0.853.85%12/24/201212/27/20121/11/2013
(Data available from 1/1/2013 forward)

Philip Morris International Dividend - Frequently Asked Questions

What is Philip Morris International's dividend yield?

The current dividend yield for Philip Morris International is 5.09%. Learn more on PM's dividend yield history.

How much is Philip Morris International's annual dividend?

The annual dividend for PM shares is $5.20. Learn more on PM's annual dividend history.

How often does Philip Morris International pay dividends?

Philip Morris International pays quarterly dividends to shareholders.

When is Philip Morris International's next dividend payment?

Philip Morris International's next quarterly dividend payment of $1.30 per share will be made to shareholders on Monday, July 8, 2024.

When was Philip Morris International's most recent dividend payment?

Philip Morris International's most recent quarterly dividend payment of $1.30 per share was made to shareholders on Tuesday, April 9, 2024.

When was Philip Morris International's most recent ex-dividend date?

Philip Morris International's most recent ex-dividend date was Friday, June 21, 2024.

Is Philip Morris International's dividend growing?

Over the past three years, the company's dividend has grown by an average of 2.74% per year.

What track record does Philip Morris International have of raising its dividend?

Philip Morris International has increased its dividend for the past 16 consecutive years.

When did Philip Morris International last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.03 on Wednesday, September 13, 2023.

What is Philip Morris International's dividend payout ratio?
The dividend payout ratio for PM is:
  • 101.56% based on the trailing year of earnings
  • 82.28% based on this year's estimates
  • 74.61% based on next year's estimates
  • 70.17% based on cash flow
Is Philip Morris International a good dividend stock?

Philip Morris International's dividend yield of 5.13% is higher than the average Consumer Staples company that issues a dividend. The company's 16 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Philip Morris International's dividend payout ratio of 101.56% may not be sustainable. However, based on earnings estimates, PM will have a more sustainable dividend payout ratio of 74.61% next year.

This page (NYSE:PM) was last updated on 7/7/2024 by MarketBeat.com Staff

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