PM Philip Morris International dividend history, payout ratio & dates
Philip Morris International's most recent dividend of $1.35 per share was on Sep 26, 2024 (ex-date). The annualized payout of $5.25 per share represents a current dividend yield of 4%. The latest PM distribution of $1.35 marks a dividend growth of 3.8%.
Key dates
- PM last dividend date: Sep 26, 2024
PM dividend stats
vs. Consumer Defensive sector
Dividend yield
PM has a dividend yield of 4% which is above the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 2.56%, Philip Morris International's dividend yield is 56% higher. The historical 5-year average of PM's dividend yield is 5.5%, which is above the current yield.
Dividend history
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 2.7% for the last year. But since the stock price has gone up by 41% from a year ago, the dividend yield has decreased by 27%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 26, 2024 | $1.35 | 4.34% |
| Jun 21, 2024 | $1.3 | 5.2% |
| Mar 20, 2024 | $1.3 | 5.52% |
| Dec 20, 2023 | $1.3 | 5.59% |
| Sep 26, 2023 | $1.3 | 5.61% |
| Jun 22, 2023 | $1.27 | 5.31% |
| Mar 22, 2023 | $1.27 | 5.48% |
| Dec 21, 2022 | $1.27 | 5.01% |
| Sep 27, 2022 | $1.27 | 5.77% |
| Jun 30, 2022 | $1.25 | 5.06% |
| Mar 23, 2022 | $1.25 | 5.42% |
| Dec 22, 2021 | $1.25 | 5.27% |
| Sep 28, 2021 | $1.25 | 4.93% |
| Jun 24, 2021 | $1.2 | 4.85% |
| Mar 19, 2021 | $1.2 | 5.34% |
| Dec 22, 2020 | $1.2 | 5.77% |
| Sep 23, 2020 | $1.2 | 6.24% |
| Jun 19, 2020 | $1.17 | 6.48% |
| Mar 20, 2020 | $1.17 | 7.61% |
| Dec 18, 2019 | $1.17 | 5.39% |
| Sep 24, 2019 | $1.17 | 6.41% |
| Jun 20, 2019 | $1.14 | 5.91% |
| Mar 25, 2019 | $1.14 | 5.17% |
| Dec 19, 2018 | $1.14 | 6.23% |
| Sep 25, 2018 | $1.14 | 5.53% |
| Jun 21, 2018 | $1.14 | 5.47% |
| Mar 21, 2018 | $1.07 | 4.35% |
| Dec 20, 2017 | $1.07 | 4.04% |
| Sep 26, 2017 | $1.07 | 3.73% |
| Jun 21, 2017 | $1.04 | 3.46% |
| Mar 21, 2017 | $1.04 | 3.65% |
| Dec 20, 2016 | $1.04 | 4.54% |
| Sep 26, 2016 | $1.04 | 4.14% |
| Jun 21, 2016 | $1.02 | 4.05% |
| Mar 22, 2016 | $1.02 | 4.2% |
| Dec 21, 2015 | $1.02 | 4.66% |
| Sep 28, 2015 | $1.02 | 5.09% |
| Jun 23, 2015 | $1 | 4.92% |
| Mar 24, 2015 | $1 | 5.08% |
Philip Morris International dividend payout ratio
Payout ratio
PM has a payout ratio of 83.2% which is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 53.6%, Philip Morris International's payout ratio is 55% higher.
Total amount of dividends paid per financial year (from cash flow)
PM dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MO Altria Group Inc | 7.07% | $3.96 | 66.8% |
| PM Philip Morris International Inc | 4% | $5.25 | 83.2% |
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 was PM's last dividend?
Philip Morris International's last regular dividend was on Sep 26, 2024 (ex-date) with the amount of $1.35 per share.
How much dividend does Philip Morris International pay (per share)?
On an annual basis PM pays $5.25 per share.
What is Philip Morris International's dividend yield?
Currently Philip Morris International's dividend yield is 4%.
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 83.2%.
Does Philip Morris International pay a good dividend?
Philip Morris International's dividend yield is above the Consumer Defensive sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.