PM Dividend History & Analysis | 3.5% Yield

PM has a dividend yield of 3.5% and paid 5.76 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.52%
Payout Ratio 76.4%
Growth Rate CAGR 5y 3.58%
Consistency Lifetime 99.2%
Yield on Cost 5y 8.24%
Payout FCF 80.9%
Streak Years 13
Dividend Rating 64.99%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Consumer Staples

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
PPC 8,723 M 16.8% 40.9%
CALM 3,748 M 8.42% 26.5%
CA 12,756 M 8.74% 17.5%
BTI 126,242 M 5.80% 21.0%
FMX 37,169 M 7.80% 11.9%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
CALM 3,748 M 300% 75.5%
COKE 13,798 M 77.8% 92.5%
FMX 37,169 M 55.5% 87.9%
KVUE 33,581 M 43.7% 100%
DOLE 1,426 M 43.1% 98.3%

Quality Dividend Peers in Tobacco

BTI
British American
5.80% Yield

PM Dividend History: Last 50 Payments (USD) as of April 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-19 2026-03-19 2026-04-13 Quarterly 1.47 0% 0.9%
2025-12-26 2025-12-26 2026-01-14 Quarterly 1.47 0% 0.91%
2025-10-03 2025-10-03 2025-10-20 Quarterly 1.47 8.9% 0.94%
2025-06-27 2025-06-27 2025-07-15 Quarterly 1.35 0% 0.75%
2025-03-20 2025-03-20 2025-04-10 Quarterly 1.35 0% 0.88%
2024-12-26 2024-12-26 2025-01-13 Quarterly 1.35 0% 1.11%
2024-09-26 2024-09-26 2024-10-10 Quarterly 1.35 3.8% 1.12%
2024-06-21 2024-06-21 2024-07-08 Quarterly 1.3 0% 1.3%
2024-03-20 2024-03-21 2024-04-09 Quarterly 1.3 0% 1.39%
2023-12-20 2023-12-21 2024-01-10 Quarterly 1.3 0% 1.39%
2023-09-26 2023-09-27 2023-10-12 Quarterly 1.3 2.4% 1.41%
2023-06-22 2023-06-23 2023-07-11 Quarterly 1.27 0% 1.33%
2023-03-22 2023-03-23 2023-04-11 Quarterly 1.27 0% 1.34%
2022-12-21 2022-12-22 2023-01-11 Quarterly 1.27 0% 1.27%
2022-09-27 2022-09-28 2022-10-12 Quarterly 1.27 1.6% 1.42%
2022-06-30 2022-07-01 2022-07-15 Quarterly 1.25 0% 1.27%
2022-03-23 2022-03-24 2022-04-12 Quarterly 1.25 0% 1.35%
2021-12-22 2021-12-23 2022-01-10 Quarterly 1.25 0% 1.36%
2021-09-28 2021-09-29 2021-10-14 Quarterly 1.25 4.2% 1.23%
2021-06-24 2021-06-25 2021-07-12 Quarterly 1.2 0% 1.23%
2021-03-19 2021-03-22 2021-04-09 Quarterly 1.2 0% N/A
2020-12-22 2020-12-23 2021-01-11 Quarterly 1.2 0% N/A
2020-09-23 2020-09-24 2020-10-13 Quarterly 1.2 2.6% N/A
2020-06-19 2020-06-22 2020-07-10 Quarterly 1.17 0% N/A
2020-03-20 2020-03-23 2020-04-09 Quarterly 1.17 0% N/A
2019-12-18 2019-12-19 2020-01-10 Quarterly 1.17 0% N/A
2019-09-24 2019-09-25 2019-10-11 Quarterly 1.17 2.6% N/A
2019-06-20 2019-06-21 2019-07-10 Quarterly 1.14 0% N/A
2019-03-25 2019-03-26 2019-04-11 Quarterly 1.14 0% N/A
2018-12-19 2018-12-20 2019-01-11 Quarterly 1.14 0% N/A
2018-09-25 2018-09-26 2018-10-12 Quarterly 1.14 0% N/A
2018-06-21 2018-06-22 2018-07-11 Quarterly 1.14 6.5% N/A
2018-03-21 2018-03-22 2018-04-11 Quarterly 1.07 0% N/A
2017-12-20 2017-12-21 2018-01-11 Quarterly 1.07 0% N/A
2017-09-26 2017-09-27 2017-10-12 Quarterly 1.07 2.9% N/A
2017-06-21 2017-06-23 2017-07-11 Quarterly 1.04 0% N/A
2017-03-21 2017-03-23 2017-04-11 Quarterly 1.04 0% N/A
2016-12-20 2016-12-22 2017-01-10 Quarterly 1.04 0% N/A
2016-09-26 2016-09-28 2016-10-13 Quarterly 1.04 2% N/A
2016-06-21 2016-06-23 2016-07-11 Quarterly 1.02 0% N/A
2016-03-22 2016-03-25 2016-04-11 Quarterly 1.02 0% N/A
2015-12-21 2015-12-23 2016-01-08 Quarterly 1.02 0% N/A
2015-09-28 2015-09-30 2015-10-14 Quarterly 1.02 2% N/A
2015-06-23 2015-06-25 2015-07-10 Quarterly 1 0% N/A
2015-03-24 2015-03-26 2015-04-10 Quarterly 1 0% N/A
2014-12-22 2014-12-24 2015-01-09 Quarterly 1 0% N/A
2014-09-23 2014-09-25 2014-10-10 Quarterly 1 6.4% N/A
2014-06-24 2014-06-26 2014-07-11 Quarterly 0.94 0% N/A
2014-03-25 2014-03-27 2014-04-11 Quarterly 0.94 0% N/A
2013-12-23 2013-12-26 2014-01-10 Quarterly 0.94 0% N/A

PM Dividend FAQ

Philip Morris International Inc. (NYSE: PM) is a global tobacco firm that sells traditional cigarettes and a growing portfolio of smoke-free products-including heat-not-burn IQOS, e-vapor VEEV, and oral nicotine ZYN-alongside consumer accessories and wellness items. The company, incorporated in 1987, is headquartered in Stamford, Connecticut, and operates under the GICS Tobacco sub-industry.

What is the Dividend Yield of PM?

As of April 2026, PM`s dividend yield is 3.52%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.76 USD by the current share price of 165.34.

Does PM pay a dividend?

As of April 2026, PM paid a dividend of 5.76 USD in the last 12 months. The last dividend was paid on 2026-03-19 and the payout was 1.47 USD.

How often does PM pay dividends?

PM pays dividends quarterly. Over the last 12 months, PM has issued 4 dividend payments. The last dividend payment was made on 2026-03-19.

PM dividend forecast

Based on historical data, the forecasted dividends per share for PM for the next payments are between 1.478 (+0.5%) and 1.597 (+8.6%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.73%.

Will PM pay dividends in 2026?

The latest dividend paid per share was 1.47 USD with an Ex-Dividend Date of 2026-03-19. The next Ex-Dividend date for Philip Morris (PM) is currently unknown.

What is the next Ex-Dividend Date for PM?

The next Ex-Dividend date for Philip Morris (PM) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of PM?

PM's average dividend growth rate over the past 5 years is 3.58% per year.
Strong growth: PM's Dividend growth is outpacing inflation.

What is the Yield on Cost of PM?

PM's 5-Year Yield on Cost is 8.24%. If you bought PM's shares at 69.87 USD five years ago, your current annual dividend income (5.76 USD per share, trailing 12 months) equals 8.24% of your original purchase price.

What is the Payout Consistency of PM?

PM Payout Consistency is 99.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Philip Morris has a strong track record of consistent dividend payments over its lifetime.

Does PM have a good Dividend Yield?

PM`s 3.52% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of PM?

The Dividend Payout Ratio of PM is 76.4%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of PM?

PM`s Overall Dividend Rating is 64.99%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PM Outstanding Shares Analysis

What is the Trend in PM's Outstanding Shares?

Philip Morris's outstanding shares have increased by approximately 0.13% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has PM ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2006 2,109,313,000
2007 2,116,000,000 +0.32%
2008 2,078,000,000 -1.8%
2009 1,950,000,000 -6.16%
2010 1,842,000,000 -5.54%
2011 1,725,908,700 -6.3%
2012 1,692,000,000 -1.96%
2013 1,622,000,000 -4.14%
2014 1,566,000,000 -3.45%
2015 1,549,000,000 -1.09%
2016 1,551,000,000 +0.13%
2017 1,554,000,000 +0.19%
2018 1,555,000,000 +0.06%
2019 1,557,000,000 +0.13%
2020 1,558,000,000 +0.06%
2021 1,557,000,000 -0.06%
2022 1,552,000,000 -0.32%
2023 1,554,000,000 +0.13%
2024 1,556,000,000 +0.13%
2025 1,558,000,000 +0.13%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-24 02:45