Dividends
Dividend payments are $7.23 per share, with a current dividend yield of 4.00%. The company has dividend history for 2 consecutive years.
PM Dividend Summary
4.00%
$7.23
101.67%
85.78%
Consecutive Years
2
Most Recent Ex-Date
Jun 25, 2026
Next Payment Date
Jul 20, 2026
PM Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
PM Dividends CAGR Chart
Philip Morris International Inc. (PM)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $2.94 | — |
| 2025 | $5.64 | +6.42% |
| 2024 | $5.30 | N/A |
| 2023 | $3.87 | N/A |
| 2022 | $5.04 | +2.86% |
| 2021 | $4.90 | +3.38% |
| 2020 | $4.74 | +2.60% |
| 2019 | $4.62 | +2.90% |
| 2018 | $4.49 | +6.40% |
| 2017 | $4.22 | +2.43% |
| 2016 | $4.12 | +1.98% |
| 2015 | $4.04 | +4.12% |
| 2014 | $3.88 | +8.38% |
| 2013 | $3.58 | +47.39% |
| 2012 | $2.43 | -13.87% |
| 2011 | $2.82 | +15.57% |
| 2010 | $2.44 | +8.93% |
| 2009 | $2.24 | N/A |
| 2008 | $1.54 | N/A |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $1.47 | +8.89% |
| Q1 2026 | $1.47 | +8.89% |
| Q4 2025 | $2.94 | — |
| Q2 2025 | $1.35 | +3.85% |
| Q1 2025 | $1.35 | +3.85% |
| Q4 2024 | $1.35 | +3.85% |
| Q3 2024 | $1.35 | +3.85% |
| Q2 2024 | $1.30 | +2.36% |
| Q1 2024 | $1.30 | — |
| Q4 2023 | $1.30 | +2.36% |
| Q3 2023 | $1.30 | +2.36% |
| Q2 2023 | $1.27 | +1.60% |
| Q4 2022 | $1.27 | +1.60% |
| Q3 2022 | $1.27 | +1.60% |
| Q2 2022 | $1.25 | +4.17% |
| Q1 2022 | $1.25 | +4.17% |
| Q4 2021 | $1.25 | +4.17% |
| Q3 2021 | $1.25 | +4.17% |
| Q2 2021 | $1.20 | +2.56% |
| Q1 2021 | $1.20 | +2.56% |
| Q4 2020 | $1.20 | +2.56% |
| Q3 2020 | $1.20 | +2.56% |
| Q2 2020 | $1.17 | +2.63% |
| Q1 2020 | $1.17 | +2.63% |
Dividend Yield Metrics
- Current Yield
- 4.00%
- Average Yield (TTM)
- 3.25%
- Average Yield (3Y)
- 2.73%
- Forward Yield on Cost (3Y)
- 3.74%
- Forward Yield on Cost (5Y)
- 4.11%
- Forward Yield on Cost (10Y)
- 5.20%
Payout Ratio Analysis
- Payout Ratio (Current)
- 101.67%
- FCF Payout Ratio
- 85.78%
- Payout Ratio (3Y Avg)
- 90.56%
- Payout Ratio (5Y Avg)
- 88.46%
- FCF Payout (3Y Avg)
- 78.31%
- FCF Payout (5Y Avg)
- 76.66%
Dividend Coverage
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