Dividend Payout Ratio: 101.67%
Is the dividend payout ratio high or low?
The dividend payout ratio of 101.67% is 15% above its 5-year average of 88.13%, around the middle of its 5-year range (62.69%–118.38%).
As of Sunday, June 28, 2026. 8.64% above its 12-month average of 93.59%.
Dividend Payout Ratio (101.67%) = TTM Dividends/Share ($7.23) / TTM EPS ($7.11)
PM Dividend Payout Ratio (TTM) Chart
PM Average Dividend Payout Ratio Chart
PM Current vs Average Dividend Payout Ratio Chart
PM Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
101.67%
DIVIDEND PAYOUT RATIO AVG TTM
93.59%
DIVIDEND PAYOUT RATIO AVG 3Y
91.28%
DIVIDEND PAYOUT RATIO AVG 5Y
88.13%
DIVIDEND PAYOUT RATIO AVG 10Y
92.51%
DIVIDEND PAYOUT RATIO AVG 15Y
84.39%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.64%
CURRENT VS 3Y AVG
+11.38%
CURRENT VS 5Y AVG
+15.36%
CURRENT VS 10Y AVG
+9.90%
CURRENT VS 15Y AVG
+20.48%
CURRENT VS 20Y AVG
N/A
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $7.27 | $5.64 | 77.6% |
| 2024 | $4.53 | $5.30 | 117.0% |
| 2023 | $5.02 | $3.87 | 77.1% |
| 2022 | $5.82 | $5.04 | 86.6% |
| 2021 | $5.83 | $4.90 | 84.0% |
| 2020 | $5.16 | $4.74 | 91.9% |
| 2019 | $4.61 | $4.62 | 100.2% |
| 2018 | $5.09 | $4.49 | 88.2% |
| 2017 | $3.88 | $4.22 | 108.8% |
| 2016 | $4.48 | $4.12 | 92.0% |
| 2015 | $4.42 | $4.04 | 91.4% |
| 2014 | $4.76 | $3.88 | 81.5% |
| 2013 | $5.26 | $3.58 | 68.1% |
| 2012 | $5.17 | $2.43 | 47.0% |
| 2011 | $4.98 | $2.82 | 56.6% |
| 2010 | $3.93 | $2.44 | 62.1% |
| 2009 | $3.25 | $2.24 | 68.9% |
| 2008 | $3.33 | $1.54 | 46.2% |
| 2007 | $2.86 | $0.00 | 0.0% |
| 2006 | $2.91 | $0.00 | 0.0% |
| 2005 | $2.71 | $0.00 | 0.0% |
| 2004 | $2.23 | $0.00 | 0.0% |
| 2003 | $1.96 | $0.00 | 0.0% |
| 2001 | $1.10 | $0.00 | 0.0% |
Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Philip Morris International Inc. (PM)?
- The dividend payout ratio for PM stock is 101.67%.
- Is Philip Morris International Inc.'s dividend payout ratio high or low?
- The dividend payout ratio of 101.67% is 15% above its 5-year average of 88.13%, around the middle of its 5-year range (62.69%–118.38%).
- What is the TTM average dividend payout ratio for Philip Morris International Inc. (PM)?
- The TTM average dividend payout ratio for PM stock is 93.59%.
- What is the 3Y average dividend payout ratio for Philip Morris International Inc. (PM)?
- The 3Y average dividend payout ratio for PM stock is 91.28%.
- What is the 5Y average dividend payout ratio for Philip Morris International Inc. (PM)?
- The 5Y average dividend payout ratio for PM stock is 88.13%.
- What is the 10Y average dividend payout ratio for Philip Morris International Inc. (PM)?
- The 10Y average dividend payout ratio for PM stock is 92.51%.
- What is the 15Y average dividend payout ratio for Philip Morris International Inc. (PM)?
- The 15Y average dividend payout ratio for PM stock is 84.39%.
PM Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-26 | 101.67% |
| 2026-06-25 | 101.70% |
| 2026-06-24 | 81.00% |
| 2026-06-23 | 81.01% |
| 2026-06-22 | 81.03% |
| 2026-06-18 | 81.01% |
| 2026-06-17 | 81.02% |
| 2026-06-16 | 81.02% |
| 2026-06-15 | 81.01% |
| 2026-06-12 | 81.01% |
| 2026-06-11 | 81.00% |
| 2026-06-10 | 81.01% |
| 2026-06-09 | 81.00% |
| 2026-06-08 | 81.01% |
| 2026-06-05 | 81.03% |
| 2026-06-04 | 81.01% |
| 2026-06-03 | 81.03% |
| 2026-06-02 | 81.00% |
| 2026-06-01 | 81.00% |
| 2026-05-29 | 81.02% |
| 2026-05-28 | 81.03% |
| 2026-05-27 | 81.00% |
| 2026-05-26 | 81.01% |
| 2026-05-22 | 81.01% |
| 2026-05-21 | 81.02% |
| 2026-05-20 | 81.01% |
| 2026-05-19 | 81.00% |
| 2026-05-18 | 81.00% |
| 2026-05-15 | 81.02% |
| 2026-05-14 | 81.00% |
| 2026-05-13 | 81.02% |
| 2026-05-12 | 81.01% |
| 2026-05-11 | 81.00% |
| 2026-05-08 | 81.02% |
| 2026-05-07 | 81.03% |
| 2026-05-06 | 81.00% |
| 2026-05-05 | 81.00% |
| 2026-05-04 | 81.03% |
| 2026-05-01 | 81.01% |
| 2026-04-30 | 81.02% |
| 2026-04-29 | 81.00% |
| 2026-04-28 | 81.01% |
| 2026-04-27 | 81.01% |
| 2026-04-24 | 81.00% |
| 2026-04-23 | 79.22% |
| 2026-04-22 | 79.22% |
| 2026-04-21 | 79.23% |
| 2026-04-20 | 79.23% |
| 2026-04-17 | 79.21% |
| 2026-04-16 | 79.23% |
| 2026-04-15 | 79.22% |
| 2026-04-14 | 79.25% |
| 2026-04-13 | 79.24% |
| 2026-04-10 | 79.23% |
| 2026-04-09 | 79.23% |
| 2026-04-08 | 79.24% |
| 2026-04-07 | 79.22% |
| 2026-04-06 | 79.25% |
| 2026-04-02 | 79.24% |
| 2026-04-01 | 79.23% |
| 2026-03-31 | 79.22% |
| 2026-03-30 | 79.22% |
| 2026-03-27 | 79.25% |
| 2026-03-26 | 79.23% |
| 2026-03-25 | 79.21% |
| 2026-03-24 | 79.23% |
| 2026-03-23 | 79.22% |
| 2026-03-20 | 79.24% |
| 2026-03-19 | 97.79% |
| 2026-03-18 | 77.57% |
| 2026-03-17 | 77.57% |
| 2026-03-16 | 77.58% |
| 2026-03-13 | 77.56% |
| 2026-03-12 | 77.58% |
| 2026-03-11 | 77.58% |
| 2026-03-10 | 77.58% |
| 2026-03-09 | 77.58% |
| 2026-03-06 | 77.58% |
| 2026-03-05 | 77.57% |
| 2026-03-04 | 77.59% |
| 2026-03-03 | 77.56% |
| 2026-03-02 | 77.56% |
| 2026-02-27 | 77.58% |
| 2026-02-26 | 77.58% |
| 2026-02-25 | 77.59% |
| 2026-02-24 | 77.57% |
| 2026-02-23 | 77.57% |
| 2026-02-20 | 77.59% |
| 2026-02-19 | 77.58% |
| 2026-02-18 | 77.59% |
| 2026-02-17 | 77.57% |
| 2026-02-13 | 77.57% |
| 2026-02-12 | 77.58% |
| 2026-02-11 | 77.57% |
| 2026-02-10 | 77.58% |
| 2026-02-09 | 77.58% |
| 2026-02-06 | 77.59% |
| 2026-02-05 | 101.98% |
| 2026-02-04 | 101.99% |
| 2026-02-03 | 102.00% |
| 2026-02-02 | 101.99% |
| 2026-01-30 | 101.99% |
| 2026-01-29 | 101.99% |
| 2026-01-28 | 101.97% |
| 2026-01-27 | 102.00% |
| 2026-01-26 | 101.98% |
| 2026-01-23 | 102.00% |
| 2026-01-22 | 101.99% |
| 2026-01-21 | 102.00% |
| 2026-01-20 | 101.98% |
| 2026-01-16 | 102.00% |
| 2026-01-15 | 101.97% |
| 2026-01-14 | 102.00% |
| 2026-01-13 | 101.99% |
| 2026-01-12 | 102.00% |
| 2026-01-09 | 102.01% |
| 2026-01-08 | 102.00% |
| 2026-01-07 | 102.00% |
| 2026-01-06 | 102.00% |
| 2026-01-05 | 102.00% |
| 2026-01-02 | 102.00% |
| 2025-12-31 | 102.01% |
| 2025-12-30 | 101.99% |
| 2025-12-29 | 101.98% |
| 2025-12-26 | 101.98% |
| 2025-12-24 | 99.82% |
| 2025-12-23 | 99.83% |
| 2025-12-22 | 99.82% |
| 2025-12-19 | 99.81% |
| 2025-12-18 | 99.83% |
| 2025-12-17 | 99.81% |
| 2025-12-16 | 99.81% |
| 2025-12-15 | 99.83% |
| 2025-12-12 | 99.80% |
| 2025-12-11 | 99.83% |
| 2025-12-10 | 99.81% |
| 2025-12-09 | 99.81% |
| 2025-12-08 | 99.84% |
| 2025-12-05 | 99.82% |
| 2025-12-04 | 99.83% |
| 2025-12-03 | 99.80% |
| 2025-12-02 | 99.82% |
| 2025-12-01 | 99.83% |
| 2025-11-28 | 99.83% |
| 2025-11-26 | 99.82% |
| 2025-11-25 | 99.80% |
| 2025-11-24 | 99.83% |
| 2025-11-21 | 99.81% |
| 2025-11-20 | 99.83% |
| 2025-11-19 | 99.82% |
| 2025-11-18 | 99.81% |
| 2025-11-17 | 99.81% |
| 2025-11-14 | 99.83% |
| 2025-11-13 | 99.83% |
| 2025-11-12 | 99.82% |
| 2025-11-11 | 99.80% |
| 2025-11-10 | 99.81% |
| 2025-11-07 | 99.83% |
| 2025-11-06 | 99.83% |
| 2025-11-05 | 99.84% |
| 2025-11-04 | 99.81% |
| 2025-11-03 | 99.83% |
| 2025-10-31 | 99.82% |
| 2025-10-30 | 99.83% |
| 2025-10-29 | 99.82% |
| 2025-10-28 | 99.82% |
| 2025-10-27 | 99.84% |
| 2025-10-24 | 99.81% |
| 2025-10-23 | 104.73% |
| 2025-10-22 | 104.73% |
| 2025-10-21 | 104.73% |
| 2025-10-20 | 104.74% |
| 2025-10-17 | 104.74% |
| 2025-10-16 | 104.75% |
| 2025-10-15 | 104.74% |
| 2025-10-14 | 104.73% |
| 2025-10-13 | 104.74% |
| 2025-10-10 | 104.74% |
| 2025-10-09 | 104.73% |
| 2025-10-08 | 104.73% |
| 2025-10-07 | 104.76% |
| 2025-10-06 | 104.73% |
| 2025-10-03 | 104.73% |
| 2025-10-02 | 76.84% |
| 2025-10-01 | 76.84% |
| 2025-09-30 | 76.86% |
| 2025-09-29 | 76.86% |
| 2025-09-26 | 76.85% |
| 2025-09-25 | 102.47% |
| 2025-09-24 | 102.47% |
| 2025-09-23 | 102.48% |
| 2025-09-22 | 102.48% |
| 2025-09-19 | 102.47% |
| 2025-09-18 | 102.45% |
| 2025-09-17 | 102.48% |
| 2025-09-16 | 102.46% |
| 2025-09-15 | 102.46% |
| 2025-09-12 | 102.47% |
| 2025-09-11 | 102.47% |
| 2025-09-10 | 102.47% |
| 2025-09-09 | 102.47% |
| 2025-09-08 | 102.48% |
| 2025-09-05 | 102.45% |
| 2025-09-04 | 102.47% |
| 2025-09-03 | 102.46% |
| 2025-09-02 | 102.45% |
| 2025-08-29 | 102.46% |
| 2025-08-28 | 102.48% |
| 2025-08-27 | 102.48% |
| 2025-08-26 | 102.47% |
| 2025-08-25 | 102.47% |
| 2025-08-22 | 102.47% |
| 2025-08-21 | 102.47% |
| 2025-08-20 | 102.47% |
| 2025-08-19 | 102.45% |
| 2025-08-18 | 102.46% |
| 2025-08-15 | 102.48% |
| 2025-08-14 | 102.47% |
| 2025-08-13 | 102.48% |
| 2025-08-12 | 102.46% |
| 2025-08-11 | 102.46% |
| 2025-08-08 | 102.46% |
| 2025-08-07 | 102.46% |
| 2025-08-06 | 102.48% |
| 2025-08-05 | 102.48% |
| 2025-08-04 | 102.47% |
| 2025-08-01 | 102.46% |
| 2025-07-31 | 102.47% |
| 2025-07-30 | 102.46% |
| 2025-07-29 | 102.46% |
| 2025-07-28 | 102.48% |
| 2025-07-25 | 102.48% |
| 2025-07-24 | 111.10% |
| 2025-07-23 | 111.10% |
| 2025-07-22 | 111.12% |
| 2025-07-21 | 111.12% |
| 2025-07-18 | 111.12% |
| 2025-07-17 | 111.12% |
| 2025-07-16 | 111.11% |
| 2025-07-15 | 111.12% |
| 2025-07-14 | 111.11% |
| 2025-07-11 | 111.12% |
| 2025-07-10 | 111.11% |
| 2025-07-09 | 111.11% |
| 2025-07-08 | 111.12% |
| 2025-07-07 | 111.10% |
| 2025-07-03 | 111.12% |
| 2025-07-02 | 111.13% |
| 2025-07-01 | 111.11% |
| 2025-06-30 | 111.13% |
| 2025-06-27 | 111.11% |
| 2025-06-26 | 83.33% |
| 2025-06-25 | 83.32% |
| 2025-06-24 | 83.33% |
| 2025-06-23 | 83.34% |
| 2025-06-20 | 110.07% |
| 2025-06-18 | 110.07% |
| 2025-06-17 | 110.09% |
| 2025-06-16 | 110.07% |
| 2025-06-13 | 110.09% |
Showing the most recent 260 of 4,528 data points. The chart above shows the full history.
About Philip Morris International Inc.
Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.
- Sector
- Consumer Defensive
- Industry
- Tobacco
- CEO
- Jacek Olczak