PM Philip Morris International Inc. — dividend yield, history & ex-dividend dates
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
Key Metrics
Current Yield
3.08%
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
60.7
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
55
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
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
76.00%
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.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
-24.97
Price-to-book ratio: share price divided by 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
Quote & Key Data
Dividend Growth
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 → $191.06). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 279 daily observations over the past 16 months, 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.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| GDNGY | PT Gudang Garam Tbk | 4.05% | -29.8% | 0 yrs | 66 |
| 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 |
| UVV | Universal Corporation | 7.35% | 1.3% | 34 yrs | 58 |
Related Guides & Lists
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 13, 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.