Philip Morris International Inc. (PM)
Philip Morris International Inc. (PM) is a leading international cigarette and tobacco product manufacturer, known for its premium cigarette brands such as Marlboro. The company operates in markets outside the United States and focuses on transitioning consumers to less harmful nicotine delivery products, including electronic cigarettes and heated tobacco systems. Established as an independent company in 2008 following the spin-off from Altria Group, PMI emphasizes innovation and harm reduction in its product portfolio.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 20, 2025 | $1.47 | 2025-10-03 | 2025-10-03 |
| July 15, 2025 | $1.35 | 2025-06-27 | 2025-06-27 |
| April 10, 2025 | $1.35 | 2025-03-20 | 2025-03-20 |
| January 13, 2025 | $1.35 | 2024-12-26 | 2024-12-26 |
| October 10, 2024 | $1.35 | 2024-09-26 | 2024-09-26 |
Dividends Summary
- Philip Morris International Inc. has issued 69 dividend payments over the past 17 years
- The most recent dividend was paid 4 days ago, on October 20, 2025
- The highest dividend payed out to investors during this period was $1.47 per share
- The average dividend paid during this period was $1.01 per share.
Company News
Philip Morris International reported strong Q3 results with 9.5% sales increase and raised full-year earnings guidance, but stock still dropped due to investor expectations of even stronger performance in smoke-free products.
Swedish company Emplicure plans to launch Seratek, a novel nicotine pouch technology, in the US market after successful European trials. The product promises faster nicotine delivery at lower strengths, targeting smokers seeking alternatives to traditional cigarettes.
U.S. stock futures are slightly lower on Tuesday, with investors anticipating earnings reports from major companies like Netflix, Coca-Cola, and RTX Corp amid ongoing federal government shutdown concerns.
Three mega-cap companies - Microsoft, JPMorgan Chase, and Philip Morris International - recently announced substantial dividend increases ranging from 7% to 10.9%, signaling strong financial health and commitment to shareholders.
Philip Morris International reported strong second-quarter 2024 results, with the top and bottom lines beating estimates. The company continued to benefit from pricing power and success in its smoke-free business, including IQOS and ZYN. The company's guidance for 2024 also looks promising.
