Philip Morris International Inc. (PM) to Issue Quarterly Dividend of $1.47 on July 20th

Philip Morris International Inc. (NYSE:PM) declared a quarterly dividend on Thursday, June 11th. Investors of record on Thursday, June 25th will be paid a dividend of 1.47 per share on Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Thursday, June 25th.

Philip Morris International has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 17 consecutive years. Philip Morris International has a payout ratio of 71.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Philip Morris International to earn $9.23 per share next year, which means the company should continue to be able to cover its $5.88 annual dividend with an expected future payout ratio of 63.7%.

Philip Morris International Trading Down 2.8%

NYSE:PM opened at $173.43 on Tuesday. Philip Morris International has a 12 month low of $142.11 and a 12 month high of $193.05. The stock has a 50 day moving average of $175.03 and a two-hundred day moving average of $170.90. The firm has a market cap of $270.29 billion, a P/E ratio of 24.39, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.69 earnings per share. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. On average, research analysts forecast that Philip Morris International will post 8.4 earnings per share for the current year.

About Philip Morris International

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.