Philip Morris International Inc. Plans Quarterly Dividend of $1.47 (NYSE:PM)

Philip Morris International Inc. (NYSE:PM) announced a quarterly dividend on Thursday, June 11th. Stockholders of record on Thursday, June 25th will be paid a dividend of 1.47 per share on Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th.

Philip Morris International has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 17 years. Philip Morris International has a payout ratio of 71.0% meaning its dividend is sufficiently covered by earnings. Research 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 Price Performance

NYSE:PM traded down $2.01 during trading hours on Thursday, reaching $180.94. The company’s stock had a trading volume of 5,530,142 shares, compared to its average volume of 5,081,628. The company has a market cap of $282.00 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38. Philip Morris International has a one year low of $142.11 and a one year high of $193.05. The business’s 50-day moving average is $171.77 and its 200-day moving average is $169.52.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.69 EPS. 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, sell-side analysts predict that Philip Morris International will post 8.4 EPS for the current fiscal 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.