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PM Philip Morris International Inc. — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Consumer Defensive / Tobacco

$191.06 ▲ $1.29(0.68%) as of Sep 14, 2026 03:06 UTC
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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.

Dividend Snapshot

StatusGrowing
Latest Dividend$1.4700
Forward Annual$5.88
FrequencyQuarterly
Last Ex-DateJun 25, 2026
1-Yr Growth6.4%Annual totals, 2024–2025
10-Yr Growth3.4%Annual totals, 2015–2025

Key Metrics

Current Yield

3.08%

At the Sep 14, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$5.8800

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

Q Quarterly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

66.6

As of Sep 14, 2026

Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

55

As of Sep 14, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$144.33 – $200.17

Closes through Sep 11, 2026

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio (TTM)

82.82%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

18

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

-34.79

Price as of Sep 14, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 67/100, yield 3.08%.
A Accelerating
13 consecutive years of dividend increases.
F Flawless
No dividend cut in the available payment record.
E Enduring
18 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume5,320,950Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$191.34Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$190.56 – $194.82Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$189.77Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$297.79BAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out1.56BImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$6.9612 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)27.5Price as of Sep 14, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendJun 25, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateJul 20, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)3.8%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)3.5%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases13 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

PM's dividend yield fell from 3.19% to 3.08% over the past ~90 days (-0.12 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.12 pp from the share price ($184.06 on Jun 16, 2026 → $191.06 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.08%
1-Yr Average3.39%
Low / High2.92% – 4.07%
Percentile20%

Across 279 daily observations over the past 16 months (through Sep 11, 2026), PM's current yield is higher than approximately 20% of them. Our stored price history for PM covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$1.4700 Q Regular Jun 11, 2026 Jun 25, 2026 Jun 25, 2026 Jul 20, 2026
$1.4700 Q Regular Mar 05, 2026 Mar 19, 2026 Mar 19, 2026 Apr 13, 2026
$1.4700 I Regular Dec 12, 2025 Dec 26, 2025 Dec 26, 2025 Jan 14, 2026
$1.4700 Q Regular Sep 19, 2025 Oct 03, 2025 Oct 03, 2025 Oct 20, 2025
$1.3500 Q Regular Jun 13, 2025 Jun 27, 2025 Jun 27, 2025 Jul 15, 2025
$1.3500 Q Regular Mar 06, 2025 Mar 20, 2025 Mar 20, 2025 Apr 10, 2025
$1.3500 Q Regular Dec 12, 2024 Dec 26, 2024 Dec 26, 2024 Jan 13, 2025
$1.3500 Q Regular Sep 12, 2024 Sep 26, 2024 Sep 26, 2024 Oct 10, 2024
$1.3000 Q Regular Jun 07, 2024 Jun 21, 2024 Jun 21, 2024 Jul 08, 2024
$1.3000 Q Regular Mar 07, 2024 Mar 20, 2024 Mar 21, 2024 Apr 09, 2024
$1.3000 Q Regular Dec 07, 2023 Dec 20, 2023 Dec 21, 2023 Jan 10, 2024
$1.3000 Q Regular Sep 13, 2023 Sep 26, 2023 Sep 27, 2023 Oct 12, 2023
$1.2700 Q Regular Jun 09, 2023 Jun 22, 2023 Jun 23, 2023 Jul 11, 2023
$1.2700 Q Regular Mar 09, 2023 Mar 22, 2023 Mar 23, 2023 Apr 11, 2023
$1.2700 Q Regular Dec 08, 2022 Dec 21, 2022 Dec 22, 2022 Jan 11, 2023
$1.2700 Q Regular Sep 14, 2022 Sep 27, 2022 Sep 28, 2022 Oct 12, 2022
$1.2500 Q Regular Jun 17, 2022 Jun 30, 2022 Jul 01, 2022 Jul 15, 2022
$1.2500 Q Regular Mar 10, 2022 Mar 23, 2022 Mar 24, 2022 Apr 12, 2022
$1.2500 Q Regular Dec 09, 2021 Dec 22, 2021 Dec 23, 2021 Jan 10, 2022
$1.2500 Q Regular Sep 15, 2021 Sep 28, 2021 Sep 29, 2021 Oct 14, 2021
$1.2000 Q Regular Jun 11, 2021 Jun 24, 2021 Jun 25, 2021 Jul 12, 2021
$1.2000 Q Regular Mar 04, 2021 Mar 19, 2021 Mar 22, 2021 Apr 09, 2021
$1.2000 Q Regular Dec 10, 2020 Dec 22, 2020 Dec 23, 2020 Jan 11, 2021
$1.2000 Q Regular Sep 09, 2020 Sep 23, 2020 Sep 24, 2020 Oct 13, 2020
$1.1700 Q Regular Jun 05, 2020 Jun 19, 2020 Jun 22, 2020 Jul 10, 2020
$1.1700 Q Regular Mar 05, 2020 Mar 20, 2020 Mar 23, 2020 Apr 09, 2020
$1.1700 Q Regular Dec 05, 2019 Dec 18, 2019 Dec 19, 2019 Jan 10, 2020
$1.1700 Q Regular Sep 11, 2019 Sep 24, 2019 Sep 25, 2019 Oct 11, 2019
$1.1400 Q Regular Jun 07, 2019 Jun 20, 2019 Jun 21, 2019 Jul 10, 2019
$1.1400 Q Regular Mar 07, 2019 Mar 25, 2019 Mar 26, 2019 Apr 11, 2019
$1.1400 Q Regular Dec 06, 2018 Dec 19, 2018 Dec 20, 2018 Jan 11, 2019
$1.1400 Q Regular Sep 12, 2018 Sep 25, 2018 Sep 26, 2018 Oct 12, 2018
$1.1400 Q Regular Jun 08, 2018 Jun 21, 2018 Jun 22, 2018 Jul 11, 2018
$1.0700 Q Regular Mar 08, 2018 Mar 21, 2018 Mar 22, 2018 Apr 11, 2018
$1.0700 Q Regular Dec 07, 2017 Dec 20, 2017 Dec 21, 2017 Jan 11, 2018
$1.0700 Q Regular Sep 13, 2017 Sep 26, 2017 Sep 27, 2017 Oct 12, 2017
$1.0400 Q Regular Jun 09, 2017 Jun 21, 2017 Jun 23, 2017 Jul 11, 2017
$1.0400 Q Regular Mar 09, 2017 Mar 21, 2017 Mar 23, 2017 Apr 11, 2017
$1.0400 Q Regular Dec 07, 2016 Dec 20, 2016 Dec 22, 2016 Jan 10, 2017
$1.0400 Q Regular Sep 14, 2016 Sep 26, 2016 Sep 28, 2016 Oct 13, 2016
$1.0200 Q Regular Jun 09, 2016 Jun 21, 2016 Jun 23, 2016 Jul 11, 2016
$1.0200 Q Regular Mar 10, 2016 Mar 22, 2016 Mar 25, 2016 Apr 11, 2016
$1.0200 Q Regular Dec 09, 2015 Dec 21, 2015 Dec 23, 2015 Jan 08, 2016
$1.0200 Q Regular Sep 16, 2015 Sep 28, 2015 Sep 30, 2015 Oct 14, 2015
$1.0000 Q Regular Jun 11, 2015 Jun 23, 2015 Jun 25, 2015 Jul 10, 2015
$1.0000 Q Regular Mar 11, 2015 Mar 24, 2015 Mar 26, 2015 Apr 10, 2015
$1.0000 M Regular Dec 10, 2014 Dec 22, 2014 Dec 24, 2014 Jan 09, 2015
$1.0000 Q Regular Sep 10, 2014 Sep 23, 2014 Sep 25, 2014 Oct 10, 2014
$0.9400 Q Regular Jun 11, 2014 Jun 24, 2014 Jun 26, 2014 Jul 11, 2014
$0.9400 Q Regular Mar 12, 2014 Mar 25, 2014 Mar 27, 2014 Apr 11, 2014
$0.9400 Q Regular Dec 11, 2013 Dec 23, 2013 Dec 26, 2013 Jan 10, 2014
$0.9400 Q Regular Sep 11, 2013 Sep 24, 2013 Sep 26, 2013 Oct 11, 2013
$0.8500 Q Regular Jun 12, 2013 Jun 25, 2013 Jun 27, 2013 Jul 12, 2013
$0.8500 Q Regular Mar 13, 2013 Mar 26, 2013 Mar 28, 2013 Apr 12, 2013
$0.0390 Q Regular Dec 12, 2012 Dec 20, 2012 Dec 27, 2012 Jan 11, 2013
$0.8500 Q Regular Sep 12, 2012 Sep 25, 2012 Sep 27, 2012 Oct 11, 2012
$0.7700 Q Regular Jun 13, 2012 Jun 25, 2012 Jun 27, 2012 Jul 12, 2012
$0.7700 Q Regular Mar 15, 2012 Mar 27, 2012 Mar 29, 2012 Apr 12, 2012
$0.7700 Q Regular Dec 08, 2011 Dec 20, 2011 Dec 22, 2011 Jan 10, 2012
$0.7700 Q Regular Sep 15, 2011 Sep 23, 2011 Sep 27, 2011 Oct 11, 2011
$0.6400 Q Regular Jun 09, 2011 Jun 21, 2011 Jun 23, 2011 Jul 11, 2011
$0.6400 Q Regular Mar 10, 2011 Mar 22, 2011 Mar 24, 2011 Apr 11, 2011
$0.6400 Q Regular Dec 09, 2010 Dec 21, 2010 Dec 23, 2010 Jan 10, 2011
$0.6400 Q Regular Sep 13, 2010 Sep 22, 2010 Sep 24, 2010 Oct 08, 2010
$0.5800 Q Regular Jun 10, 2010 Jun 22, 2010 Jun 24, 2010 Jul 09, 2010
$0.5800 Q Regular Mar 12, 2010 Mar 23, 2010 Mar 25, 2010 Apr 09, 2010
$0.5800 Q Regular Dec 10, 2009 Dec 23, 2009 Dec 28, 2009 Jan 11, 2010
$0.5800 Q Regular Sep 16, 2009 Sep 24, 2009 Sep 28, 2009 Oct 09, 2009
$0.5400 Q Regular Jun 11, 2009 Jun 22, 2009 Jun 24, 2009 Jul 10, 2009
$0.5400 Q Regular Mar 12, 2009 Mar 23, 2009 Mar 25, 2009 Apr 09, 2009
$0.5400 Q Regular Dec 16, 2008 Dec 23, 2008 Dec 26, 2008 Jan 09, 2009
$0.5400 Q Regular Aug 29, 2008 Sep 11, 2008 Sep 15, 2008 Oct 10, 2008
$0.4600 Q Regular May 07, 2008 Jun 26, 2008 Jun 30, 2008 Jul 10, 2008

Peer Comparison

Selected Tobacco dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
GDNGY PT Gudang Garam Tbk 4.05% -29.8% 0 yrs 69
MO Altria Group, Inc. 6.44% 4.1% 16 yrs 65
BTAFF British American Tobacco p.l.c. 5.71% 3.7% 3 yrs 59
BTI British American Tobacco p.l.c. 6.05% 3.0% 3 yrs 58

PM dividend — frequently asked questions

Does Philip Morris International Inc. pay a dividend?

Yes. Philip Morris International Inc. (PM) currently pays a dividend. The annualized dividend is about $5.88 per share, a yield of approximately 3.08%.

What is Philip Morris International Inc.'s dividend yield?

Philip Morris International Inc.'s dividend yield is approximately 3.08%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Philip Morris International Inc. pay dividends?

Philip Morris International Inc. pays dividends quarterly — 4 times per year.

How long has Philip Morris International Inc. paid dividends?

Philip Morris International Inc. has 18 years of dividend payments on record, and has increased its dividend for 13 consecutive years.

Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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