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PM Philip Morris International dividend history, payout ratio & dates

Philip Morris International's most recent quarterly dividend of $1.27 per share was on Sep 27, 2022 (ex-date). The annualized payout of $5.02 per share represents a current dividend yield of 5.14%. The latest PM distribution of $1.27 marks a dividend growth of 1.6%.

Key dates

  • PM last dividend date: Sep 27, 2022
  • PM next dividend date: Not announced
PM dividend stats
DPS
$5.02
Dividend yield
5.14%
Payout ratio
89.3%
vs. Consumer Defensive sector
Dividend yield
2.1%
Payout ratio
52.4%

Dividend yield

What is Philip Morris International current dividend yield

PM has a dividend yield of 5.14% which is above the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 2.1%, Philip Morris International's dividend yield is 145% higher. The historical 5-year average of PM's dividend yield is 5.6%, which is above the current yield.

Dividend history

What is PM dividend payout history and dates

Philip Morris International has a history of paying dividends since 2008. Our records of PM show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 3.5% for the last year. But since the stock price has gone up by 10% from a year ago, the dividend yield has decreased by 6%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 27, 2022 Oct 12, 2022 Sep 14, 2022 $1.27 normal
Jun 30, 2022 Jul 15, 2022 Jun 17, 2022 $1.25 normal
Mar 23, 2022 Apr 12, 2022 Mar 10, 2022 $1.25 normal
Dec 22, 2021 Jan 10, 2022 Dec 9, 2021 $1.25 normal
Sep 28, 2021 Oct 14, 2021 Sep 15, 2021 $1.25 normal
Jun 24, 2021 Jul 12, 2021 Jun 11, 2021 $1.2 normal
Mar 19, 2021 Apr 9, 2021 Mar 4, 2021 $1.2 normal
Dec 22, 2020 Jan 11, 2021 Dec 10, 2020 $1.2 normal
Sep 23, 2020 Oct 13, 2020 Sep 9, 2020 $1.2 normal
Jun 19, 2020 Jul 10, 2020 Jun 5, 2020 $1.17 normal
Mar 20, 2020 Apr 9, 2020 Mar 5, 2020 $1.17 normal
Dec 18, 2019 Jan 10, 2020 Dec 5, 2019 $1.17 normal
Sep 24, 2019 Oct 11, 2019 Sep 11, 2019 $1.17 normal
Jun 20, 2019 Jul 10, 2019 Jun 7, 2019 $1.14 normal
Mar 25, 2019 Apr 11, 2019 Mar 7, 2019 $1.14 normal
Dec 19, 2018 Jan 11, 2019 Dec 6, 2018 $1.14 normal
Sep 25, 2018 Oct 12, 2018 Sep 12, 2018 $1.14 normal
Jun 21, 2018 Jul 11, 2018 Jun 8, 2018 $1.14 normal
Mar 21, 2018 Apr 11, 2018 Mar 8, 2018 $1.07 normal
Dec 20, 2017 Jan 11, 2018 Dec 7, 2017 $1.07 normal
Sep 26, 2017 Oct 12, 2017 Sep 13, 2017 $1.07 normal
Jun 21, 2017 Jul 11, 2017 Jun 9, 2017 $1.04 normal
Mar 21, 2017 Apr 11, 2017 Mar 9, 2017 $1.04 normal
Dec 20, 2016 Jan 10, 2017 Dec 7, 2016 $1.04 normal
Sep 26, 2016 Oct 13, 2016 Sep 14, 2016 $1.04 normal
Jun 21, 2016 Jul 11, 2016 Jun 9, 2016 $1.02 normal
Mar 22, 2016 Apr 11, 2016 Mar 10, 2016 $1.02 normal
Dec 21, 2015 Jan 8, 2016 Dec 9, 2015 $1.02 normal
Sep 28, 2015 Oct 14, 2015 Sep 15, 2015 $1.02 normal
Jun 23, 2015 Jul 10, 2015 Jun 11, 2015 $1 normal

Philip Morris International dividend payout ratio

What is Philip Morris International dividend payout ratio compared to the sector

Payout ratio

PM has a payout ratio of 89.3% which is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 52.4%, Philip Morris International's payout ratio is 70% higher.

Total amount of dividends paid per financial year (from cash flow)

PM dividend vs peer dividends

How does PM dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MO Altria Group Inc 8.06% $3.64 141.6%
VGR Vector Group Ltd 7.35% $0.8 81.6%
PM Philip Morris International Inc 5.14% $5.02 89.3%

Frequently asked questions

Does Philip Morris International pay a dividend?

Yes, Philip Morris International has paid four dividends in the last 12 months. PM has been paying dividends since 2008.

When is Philip Morris International's next dividend?

PM hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in December 2022.

When was PM's last dividend?

Philip Morris International's last regular dividend was on Sep 27, 2022 (ex-date) with the amount of $1.27 per share.

How much dividend does Philip Morris International pay (per share)?

On an annual basis PM pays $5.02 per share.

What is Philip Morris International's dividend yield?

Currently Philip Morris International's dividend yield is 5.14%.

How often does Philip Morris International pay dividends?

Philip Morris International has a quarterly dividend frequency.

What is Philip Morris International's dividend payout ratio?

Philip Morris International's dividend payout ratio is 89.3%.

Does Philip Morris International pay a good dividend?

Philip Morris International's dividend yield is above the Consumer Defensive sector average.