Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.
Philip Morris International Dividend Announcement
• Philip Morris International announced a quarterly dividend of $1.35 per ordinary share which will be made payable on 2025-01-13. Ex dividend date: 2024-12-26
• Philip Morris International annual dividend for 2024 was $5.30
• Philip Morris International annual dividend for 2023 was $5.14
• Philip Morris International's trailing twelve-month (TTM) dividend yield is 4.15%
• Philip Morris International's payout ratio for the trailing twelve months (TTM) is 82.53%
• Philip Morris International's dividend growth over the last five years (2018-2023) was 2.74% year
• Philip Morris International's dividend growth over the last ten years (2013-2023) was 3.68% year
Philip Morris International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-26 | $1.35 | quarterly | 2025-01-13 |
2024-09-26 | $1.35 | quarterly | 2024-10-10 |
2024-06-21 | $1.30 | quarterly | 2024-07-08 |
2024-03-20 | $1.30 | quarterly | 2024-04-09 |
2023-12-20 | $1.30 | quarterly | 2024-01-10 |
2023-09-26 | $1.30 | quarterly | 2023-10-12 |
2023-06-22 | $1.27 | quarterly | 2023-07-11 |
2023-03-22 | $1.27 | quarterly | 2023-04-11 |
2022-12-21 | $1.27 | quarterly | 2023-01-11 |
2022-09-27 | $1.27 | quarterly | 2022-10-12 |
2022-06-30 | $1.25 | quarterly | 2022-07-15 |
2022-03-23 | $1.25 | quarterly | 2022-04-12 |
2021-12-22 | $1.25 | quarterly | 2022-01-10 |
2021-09-28 | $1.25 | quarterly | 2021-10-14 |
2021-06-24 | $1.20 | quarterly | 2021-07-12 |
2021-03-19 | $1.20 | quarterly | 2021-04-09 |
2020-12-22 | $1.20 | quarterly | 2021-01-11 |
2020-09-23 | $1.20 | quarterly | 2020-10-13 |
2020-06-19 | $1.17 | quarterly | 2020-07-10 |
2020-03-20 | $1.17 | quarterly | 2020-04-09 |
2019-12-18 | $1.17 | quarterly | 2020-01-10 |
2019-09-24 | $1.17 | quarterly | 2019-10-11 |
2019-06-20 | $1.14 | quarterly | 2019-07-10 |
2019-03-25 | $1.14 | quarterly | 2019-04-11 |
2018-12-19 | $1.14 | quarterly | 2019-01-11 |
2018-09-25 | $1.14 | quarterly | 2018-10-12 |
2018-06-21 | $1.14 | quarterly | 2018-07-11 |
2018-03-21 | $1.07 | quarterly | 2018-04-11 |
2017-12-20 | $1.07 | quarterly | 2018-01-11 |
2017-09-26 | $1.07 | quarterly | 2017-10-12 |
2017-06-21 | $1.04 | quarterly | 2017-07-11 |
2017-03-21 | $1.04 | quarterly | 2017-04-11 |
2016-12-20 | $1.04 | quarterly | 2017-01-10 |
2016-09-26 | $1.04 | quarterly | 2016-10-13 |
2016-06-21 | $1.02 | quarterly | 2016-07-11 |
2016-03-22 | $1.02 | quarterly | 2016-04-11 |
2015-12-21 | $1.02 | quarterly | 2016-01-08 |
2015-09-28 | $1.02 | quarterly | 2015-10-14 |
2015-06-23 | $1.00 | quarterly | 2015-07-10 |
2015-03-24 | $1.00 | quarterly | 2015-04-10 |
2014-12-22 | $1.00 | quarterly | 2015-01-09 |
2014-09-23 | $1.00 | quarterly | 2014-10-10 |
2014-06-24 | $0.94 | quarterly | 2014-07-11 |
2014-03-25 | $0.94 | quarterly | 2014-04-11 |
2013-12-23 | $0.94 | quarterly | 2014-01-10 |
2013-09-24 | $0.94 | quarterly | 2013-10-11 |
2013-06-25 | $0.85 | quarterly | 2013-07-12 |
2013-03-26 | $0.85 | quarterly | 2013-04-12 |
Philip Morris International Dividend per year
Philip Morris International Dividend growth
Philip Morris International Dividend Yield
Philip Morris International current trailing twelve-month (TTM) dividend yield is 4.15%. Interested in purchasing Philip Morris International stock? Use our calculator to estimate your expected dividend yield:
Philip Morris International Financial Ratios
Philip Morris International Dividend FAQ
Other factors to consider when evaluating Philip Morris International as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Philip Morris International's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Philip Morris International publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Philip Morris International distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Philip Morris International are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Philip Morris International sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Philip Morris International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Philip Morris International declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Philip Morris International's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Philip Morris International's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.