Philip Morris International Inc. (PM) Dividend History

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.

677 Washington Blvd, Ste. 1100, Stamford, CT, 06901
Phone: 203-905-2410
Website: https://www.pmi.com
Dividend Yield: 3.25%
Dividend Frequency: Quarterly

Dividend History

Pay Date Amount Ex Dividend Date Record Date
July 15, 2025 $1.35 06/27/2025 06/27/2025
April 10, 2025 $1.35 03/20/2025 03/20/2025
January 13, 2025 $1.35 12/26/2024 12/26/2024
October 10, 2024 $1.35 09/26/2024 09/26/2024
July 08, 2024 $1.30 06/21/2024 06/21/2024
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Dividends Summary

  • Philip Morris International Inc. has issued 68 dividend payments over the past 17 years
  • The most recent dividend was paid 35 days ago, on July 15, 2025
  • The first recorded dividend was paid on July 10, 2008
  • The highest dividend payout was $1.35 per share
  • The average dividend over this 17 year span is $1.01 per share
  • Philip Morris International Inc. has increased its dividend payments by 193.48% since 2008

Company News

  • New Zealand's cigars, cigarillos, and smoking tobacco market experienced volume sales decline in 2024 due to health awareness and cost-of-living pressures, with forecasts indicating continued market contraction.

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  • Altria Group reported Q2 earnings with solid adjusted EPS growth, raised earnings guidance, and strong performance in nicotine pouches, but continues to face challenges with declining cigarette volumes.

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  • 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.

    Benzinga
  • Three dividend stocks - Philip Morris International, AT&T, and Sherwin-Williams - have outperformed the S&P 500 in 2025 due to their strong dividend yields, growth strategies, and operational performance.

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  • 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.

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Page data last updated 08/18/2025 13:38:23 UTC Dividend yield is calculated using only dividends that have already been paid. Future or declared dividends are not included