PM Dividend History & Analysis | 3.5% Yield

PM has a dividend yield of 3.5% and paid 5.64 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.51%
Payout Ratio 96.6%
Growth Rate CAGR 5y 3.58%
Consistency Lifetime 99.2%
Yield on Cost 5y 8.35%
Payout FCF 83.3%
Streak Years 18
Dividend Rating 66.55%

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.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 30.2%
Total Return 5y: 170.8%

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 10,302 M 16.8% 43.6%
CALM 3,981 M 8.42% 26.1%
FMX 36,292 M 7.80% 13.5%
MO 109,768 M 7.0% 14.3%
BMT 129,827 M 6.58% 15.0%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
CALM 3,981 M 300% 75.5%
FMX 36,292 M 55.4% 87.9%
KVUE 33,300 M 43.7% 100%
COKE 13,798 M 53.1% 92.5%
IPAR 3,129 M 33.8% 94.3%

Quality Dividend Peers in Tobacco

BMT
British American
 6.58% Yield

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

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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% 1.35%
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
2013-09-24 2013-09-26 2013-10-11 Quarterly 0.94 0% N/A

PM Dividend FAQ

Philip Morris International Inc. (PM) is a U.S.–incorporated tobacco firm headquartered in Stamford, Connecticut, that sells combustible cigarettes and a growing portfolio of smoke-free products-including IQOS heat-not-burn devices, ZYN nicotine pouches, vapor and oral nicotine offerings-alongside consumer accessories and a limited line of wellness and healthcare items.

What is the Dividend Yield of PM?

As of February 2026, PM`s dividend yield is 3.51%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.64 USD by the current share price of 182.81.

Does PM pay a dividend?

As of February 2026, PM paid a dividend of 5.64 USD in the last 12 months. The last dividend was paid on 2025-12-26 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 2025-12-26.

PM dividend forecast

Based on historical data, the forecasted dividends per share for PM for the next 4 payments are between 1.401 (-4.7%) and 1.484 (+1.0%).
This suggests the dividend will remain relatively stable.

Will PM pay dividends in 2026?

The latest dividend paid per share was 1.47 USD with an Ex-Dividend Date of 2025-12-26. 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 8.35%. If you bought PM's shares at 67.51 USD five years ago, your current annual dividend income (5.64 USD per share, trailing 12 months) equals 8.35% 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 3.51% 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 96.6%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of PM?

PM`s Overall Dividend Rating is 66.55%. 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 decreased by approximately 1.61% annually over the past 3 years (Trend Reliability: -33.3%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

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 1,504,348,000 -3.32%

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: 2026-02-09 02:16