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

$120.01

+1.03 (+0.87%)

(As of 08/21/2024 ET)

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Dividend Yield: 4.33%
Annual Dividend: $5.20
Dividend Increase Track Record: 16 Years
Annualized 3-Year Dividend Growth: 2.74%
Dividend Payout Ratio: 101.56%
Recent Dividend Payment: Jul. 8

PM Dividend Payments

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PM Dividend Yield Over Time

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Philip Morris International vs. The Competition

Type	Philip Morris International	Staples Companies	NYSE Companies
Annual Dividend	$5.20	$0.48	$1.39
Dividend Yield	4.33%	270.06%	352.48%
Annualized 3-Year Dividend Growth	2.74%	8.55%	15.61%
Track Record	16 years	35 years	23 years

Philip Morris International Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	101.56%
Based on This Year's Estimates	81.12%
Based on Next Year's Estimates	73.76%
Based on Cashflow	69.11%

Philip Morris International Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
6/7/2024	quarterly	$1.30	4.99%	6/21/2024	6/21/2024	7/8/2024
3/7/2024	quarterly	$1.30	5.7%	3/20/2024	3/21/2024	4/9/2024
12/7/2023	quarterly	$1.30	5.71%	12/20/2023	12/21/2023	1/10/2024
9/13/2023	quarterly	$1.30	5.51%	9/26/2023	9/27/2023	10/12/2023
6/9/2023	quarterly	$1.27	5.51%	6/22/2023	6/23/2023	7/11/2023
3/9/2023	quarterly	$1.27	5.09%	3/22/2023	3/23/2023	4/11/2023
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12/8/2022	quarterly	$1.27	4.99%	12/21/2022	12/22/2022	1/11/2023
9/14/2022	quarterly	$1.27	5.4%	9/27/2022	9/28/2022	10/12/2022
6/17/2022	quarterly	$1.25	5.09%	6/30/2022	7/1/2022	7/15/2022
3/10/2022	quarterly	$1.25	5.33%	3/23/2022	3/24/2022	4/12/2022
12/9/2021	quarterly	$1.25	5.56%	12/22/2021	12/23/2021	1/10/2022
9/15/2021	quarterly	$1.25	4.9%	9/28/2021	9/29/2021	10/14/2021
6/11/2021	quarterly	$1.20	4.92%	6/24/2021	6/25/2021	7/12/2021
3/4/2021	Quarterly	$1.20	5.6%	3/19/2021	3/22/2021	4/9/2021
12/10/2020	quarterly	$1.20	5.68%	12/22/2020	12/23/2020	1/11/2021
9/9/2020	quarterly	$1.20	5.94%	9/23/2020	9/24/2020	10/13/2020
6/5/2020	quarterly	$1.17	6.17%	6/19/2020	6/22/2020	7/10/2020
3/5/2020	quarterly	$1.17	5.32%	3/20/2020	3/23/2020	4/9/2020
12/5/2019	quarterly	$1.17	5.73%	12/18/2019	12/19/2019	1/10/2020
9/11/2019	quarterly	$1.17	6.25%	9/24/2019	9/25/2019	10/11/2019
6/7/2019	Quarterly	$1.14	5.83%	6/20/2019	6/21/2019	7/10/2019
3/7/2019	Quarterly	$1.14	5.24%	3/25/2019	3/26/2019	4/11/2019
12/6/2018	quarterly	$1.14	5.41%	12/19/2018	12/20/2018	1/11/2019
9/12/2018	quarterly	$1.14	5.89%	9/25/2018	9/26/2018	10/12/2018
6/8/2018	quarterly	$1.14	5.89%	6/21/2018	6/22/2018	7/11/2018
3/8/2018	quarterly	$1.07	4.0041163813266%	3/21/2018	3/22/2018	4/11/2018
12/7/2017	quarterly	$1.07	4.02%	12/20/2017	12/21/2017	1/11/2018
9/13/2017	quarterly	$1.07	3.67%	9/26/2017	9/27/2017	10/12/2017
6/9/2017	quarterly	$1.04	3.46%	6/21/2017	6/23/2017	7/11/2017
3/9/2017	quarterly	$1.04	3.76%	3/21/2017	3/23/2017	4/11/2017
12/7/2016	quarterly	$1.04		12/20/2016	12/22/2016	1/10/2017
9/14/2016	quarterly	$1.04		9/26/2016	9/28/2016	10/13/2016
6/9/2016	quarterly	$1.02		6/21/2016	6/23/2016	7/11/2016
12/9/2015	quarterly	$1.02		12/21/2015	12/23/2015	1/8/2016
9/15/2015		$1.02		9/28/2015	9/30/2015	10/14/2015
6/11/2015	quarterly	$1.00	4.89%	6/23/2015	6/25/2015	7/10/2015
3/11/2015	quarterly	$1.00		3/24/2015	3/26/2015	4/10/2015
12/10/2014	quarterly	$1.00	4.74%	12/22/2014	12/24/2014	1/9/2015
11/27/2014	Quarterly	$0.1250	6.17%	11/27/2014	12/5/2014	12/5/2014
9/10/2014	quarterly	$1.00	4.73%	9/23/2014	9/25/2014	10/10/2014
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6/12/2014	quarterly	$0.94	4.26%	6/24/2014	6/26/2014	7/11/2014
6/11/2014	quarterly	$0.94		6/24/2014	6/26/2014	6/11/2014
3/12/2014	quarterly	$0.94	4.75%	3/25/2014	3/27/2014	4/11/2014
12/11/2013	quarterly	$0.94	4.41%	12/23/2013	12/26/2013	1/10/2014
9/11/2013	quarterly	$0.94	4.36%	9/24/2013	9/26/2013	10/11/2013
6/12/2013	quarterly	$0.85	3.71%	6/25/2013	6/27/2013	7/12/2013
3/13/2013	quarterly	$0.85	3.72%	3/26/2013	3/28/2013	4/12/2013
12/12/2012	quarterly	$0.85	3.85%	12/24/2012	12/27/2012	1/11/2013

(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 4.33%. 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 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 Monday, July 8, 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

81.12% based on this year's estimates

73.76% based on next year's estimates

69.11% based on cash flow
Is Philip Morris International a good dividend stock?: Philip Morris International's dividend yield of 4.39% 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 73.76% next year.