Philip Morris International's most recent quarterly dividend of $1.3 per share was on Sep 26, 2023 (ex-date). The annualized payout of $5.11 per share represents a current dividend yield of 5.52%. The latest PM distribution of $1.3 marks a dividend growth of 2.4%.
PM has a dividend yield of 5.52% which is above the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 2.45%, Philip Morris International's dividend yield is 125% higher. The historical 5-year average of PM's dividend yield is 5.7%, which is similar to the current yield.
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 1.8% for the last year. But since the stock price has gone up by 8% from a year ago, the dividend yield has decreased by 5%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 26, 2023 | Oct 12, 2023 | Sep 13, 2023 | $1.3 | normal |
Jun 22, 2023 | Jul 11, 2023 | Jun 9, 2023 | $1.27 | normal |
Mar 22, 2023 | Apr 11, 2023 | Mar 9, 2023 | $1.27 | normal |
Dec 21, 2022 | Jan 11, 2023 | Dec 8, 2022 | $1.27 | normal |
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 |
PM has a payout ratio of 98.8% which is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 51.9%, Philip Morris International's payout ratio is 90% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MO Altria Group Inc | 9.04% | $3.8 | 99.7% |
VGR Vector Group Ltd | 7.52% | $0.8 | 78.4% |
PM Philip Morris International Inc | 5.52% | $5.11 | 98.8% |
Yes, Philip Morris International has paid four dividends in the last 12 months. PM has been paying dividends since 2008.
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 2023.
Philip Morris International's last regular dividend was on Sep 26, 2023 (ex-date) with the amount of $1.3 per share.
On an annual basis PM pays $5.11 per share.
Currently Philip Morris International's dividend yield is 5.52%.
Philip Morris International has a quarterly dividend frequency.
Philip Morris International's dividend payout ratio is 98.8%.
Philip Morris International's dividend yield is above the Consumer Defensive sector average.