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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 2024-10-10. Ex dividend date: 2024-09-26
Philip Morris International annual dividend for 2024 was $3.95
Philip Morris International annual dividend for 2023 was $5.14
Philip Morris International's trailing twelve-month (TTM) dividend yield is 4.37%
Philip Morris International's payout ratio for the trailing twelve months (TTM) is 91.59%
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 dateDividend amountDividend typePay date
2024-09-26$1.35quarterly2024-10-10
2024-06-21$1.30quarterly2024-07-08
2024-03-20$1.30quarterly2024-04-09
2023-12-20$1.30quarterly2024-01-10
2023-09-26$1.30quarterly2023-10-12
2023-06-22$1.27quarterly2023-07-11
2023-03-22$1.27quarterly2023-04-11
2022-12-21$1.27quarterly2023-01-11
2022-09-27$1.27quarterly2022-10-12
2022-06-30$1.25quarterly2022-07-15
2022-03-23$1.25quarterly2022-04-12
2021-12-22$1.25quarterly2022-01-10
2021-09-28$1.25quarterly2021-10-14
2021-06-24$1.20quarterly2021-07-12
2021-03-19$1.20quarterly2021-04-09
2020-12-22$1.20quarterly2021-01-11
2020-09-23$1.20quarterly2020-10-13
2020-06-19$1.17quarterly2020-07-10
2020-03-20$1.17quarterly2020-04-09
2019-12-18$1.17quarterly2020-01-10
2019-09-24$1.17quarterly2019-10-11
2019-06-20$1.14quarterly2019-07-10
2019-03-25$1.14quarterly2019-04-11
2018-12-19$1.14quarterly2019-01-11
2018-09-25$1.14quarterly2018-10-12
2018-06-21$1.14quarterly2018-07-11
2018-03-21$1.07quarterly2018-04-11
2017-12-20$1.07quarterly2018-01-11
2017-09-26$1.07quarterly2017-10-12
2017-06-21$1.04quarterly2017-07-11
2017-03-21$1.04quarterly2017-04-11
2016-12-20$1.04quarterly2017-01-10
2016-09-26$1.04quarterly2016-10-13
2016-06-21$1.02quarterly2016-07-11
2016-03-22$1.02quarterly2016-04-11
2015-12-21$1.02quarterly2016-01-08
2015-09-28$1.02quarterly2015-10-14
2015-06-23$1.00quarterly2015-07-10
2015-03-24$1.00quarterly2015-04-10
2014-12-22$1.00quarterly2015-01-09
2014-09-23$1.00quarterly2014-10-10
2014-06-24$0.94quarterly2014-07-11
2014-03-25$0.94quarterly2014-04-11
2013-12-23$0.94quarterly2014-01-10
2013-09-24$0.94quarterly2013-10-11
2013-06-25$0.85quarterly2013-07-12
2013-03-26$0.85quarterly2013-04-12

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 4.37%. Interested in purchasing Philip Morris International stock? Use our calculator to estimate your expected dividend yield:

Philip Morris International Financial Ratios

P/E ratio21.21
PEG ratio-18.38
P/B ratio-19.16
ROE-86.50%
Payout ratio91.59%
Current ratio0.94
Quick ratio0.52
Cash Ratio0.22

Philip Morris International Dividend FAQ

How much is the next Philip Morris International dividend?
Philip Morris International's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Philip Morris International dividend. The next Philip Morris International dividend will be released in March, June, September, or December.
When is Philip Morris International dividend paid?
Philip Morris International pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Philip Morris International pay?
The specific amount of Philip Morris International dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Philip Morris International's dividend history.
Does Philip Morris International stock pay dividends?
Yes, Philip Morris International does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Philip Morris International's dividend history.
How much dividend does Philip Morris International pay?
Philip Morris International paid $3.95 in 2024, $5.14 in 2023, $5.04 in 2022, $4.9 in 2021, and $4.74 in 2020.
How often does Philip Morris International pay dividends?
Philip Morris International typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Philip Morris International's dividend yield?
The current dividend yield for Philip Morris International is 4.37%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Philip Morris International's exact dividend yield.
When does Philip Morris International go ex dividend?
Philip Morris International's ex-dividend date for the latest dividend was on 2024-09-26. Philip Morris International typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Philip Morris International dividend paid?
Philip Morris International pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Philip Morris International increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Philip Morris International will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Philip Morris International dividend per share?
Philip Morris International paid $3.95 per share in 2024 and $5.14 per share in 2023. The amount of dividend per share that Philip Morris International pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Philip Morris International a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Philip Morris International a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Philip Morris International a dividend stock?
Yes, Philip Morris International is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Philip Morris International a good dividend stock?
Whether Philip Morris International is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Philip Morris International has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Philip Morris International pay dividends monthly?
Philip Morris International typically pays dividends on a quarterly basis.
Does Philip Morris International pay dividends quarterly?
Philip Morris International currently pays dividends on a quarterly basis.
Has Philip Morris International ever paid a dividend?
Yes, Philip Morris International has a history of paying dividends to its shareholders. Philip Morris International is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Philip Morris International dividend stocks?
To buy Philip Morris International you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Philip Morris International stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Philip Morris International pay dividends 2024?
Philip Morris International pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Philip Morris International increase its dividend in 2024?
Decisions regarding Philip Morris International dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Philip Morris International dividend overview you can look into the above table of dividend history.
How Philip Morris International dividend works?
The Philip Morris International dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Philip Morris International's dividend process works:

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.
How are Philip Morris International dividends paid?
Philip Morris International dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Philip Morris International pay dividends?
Philip Morris International typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Philip Morris International pay dividends?
The general pattern is that Philip Morris International pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Philip Morris International dividend safe?
The safety of Philip Morris International's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.