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
Investors can expect a dividend payout of $1.47 per share, scheduled to be distributed in 13 days on October 20, 2025
| 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 84 days ago, on July 15, 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
Altria is exploring smoke-free nicotine products through a collaboration with South Korean tobacco company KT&G, aiming to expand its nicotine pouch market presence and offset traditional tobacco product declines.
The global e-cigarette and vape market is projected to grow from $29.22 billion in 2024 to $278.16 billion by 2033, driven by demand for smokeless nicotine products, technological advancements, and harm reduction trends.
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 Q2 earnings with revenue of $10.14 billion, slightly missing estimates. The company showed strong growth in smoke-free products, with smoke-free segment revenues growing 15.2% and accounting for 41% of total net revenues.
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.
