Philip Morris International (PM) Dividend History & Yield
Philip Morris International (PM) has increased its dividend for 14 consecutive years and currently yields 3.64%. The most recent payment was $1.4700/share on Mar 19, 2026, paid Quarterly.
Current Yield
3.64%
TTM Dividend/Share
$5.76
Payment Frequency
Quarterly
Payout Ratio
76.0%
Consecutive Growth Years
14
Div Growth (1Y CAGR)
6.42%
Div Growth (5Y CAGR)
3.54%
Div Growth (10Y CAGR)
3.39%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 76.0%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($6.85) covers dividend/share ($5.76).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
14 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 19, 2026
- Payment date
- Apr 13, 2026
- Dividend
- $1.4700
- Adj. dividend
- $1.4700
- Yield (ex-date)
- 3.53%
Ex-date Dec 26, 2025
- Payment date
- Jan 14, 2026
- Dividend
- $1.4700
- Adj. dividend
- $1.4700
- Yield (ex-date)
- 3.50%
Ex-date Oct 3, 2025
- Payment date
- Oct 20, 2025
- Dividend
- $1.4700
- Adj. dividend
- $1.4700
- Yield (ex-date)
- 3.60%
Ex-date Jun 27, 2025
- Payment date
- Jul 15, 2025
- Dividend
- $1.3500
- Adj. dividend
- $1.3500
- Yield (ex-date)
- 2.98%
Ex-date Mar 20, 2025
- Payment date
- Apr 10, 2025
- Dividend
- $1.3500
- Adj. dividend
- $1.3500
- Yield (ex-date)
- 3.51%
Ex-date Dec 26, 2024
- Payment date
- Jan 13, 2025
- Dividend
- $1.3500
- Adj. dividend
- $1.3500
- Yield (ex-date)
- 4.35%
Ex-date Sep 26, 2024
- Payment date
- Oct 10, 2024
- Dividend
- $1.3500
- Adj. dividend
- $1.3500
- Yield (ex-date)
- 4.34%
Ex-date Jun 21, 2024
- Payment date
- Jul 8, 2024
- Dividend
- $1.3000
- Adj. dividend
- $1.3000
- Yield (ex-date)
- 5.20%
Ex-date Mar 20, 2024
- Payment date
- Apr 9, 2024
- Dividend
- $1.3000
- Adj. dividend
- $1.3000
- Yield (ex-date)
- 5.52%
Ex-date Dec 20, 2023
- Payment date
- Jan 10, 2024
- Dividend
- $1.3000
- Adj. dividend
- $1.3000
- Yield (ex-date)
- 5.59%
Ex-date Sep 26, 2023
- Payment date
- Oct 12, 2023
- Dividend
- $1.3000
- Adj. dividend
- $1.3000
- Yield (ex-date)
- 5.61%
Ex-date Jun 22, 2023
- Payment date
- Jul 11, 2023
- Dividend
- $1.2700
- Adj. dividend
- $1.2700
- Yield (ex-date)
- 5.31%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 19, 2026 | Apr 13, 2026 | $1.4700 | $1.4700 | 3.53% |
| Dec 26, 2025 | Jan 14, 2026 | $1.4700 | $1.4700 | 3.50% |
| Oct 3, 2025 | Oct 20, 2025 | $1.4700 | $1.4700 | 3.60% |
| Jun 27, 2025 | Jul 15, 2025 | $1.3500 | $1.3500 | 2.98% |
| Mar 20, 2025 | Apr 10, 2025 | $1.3500 | $1.3500 | 3.51% |
| Dec 26, 2024 | Jan 13, 2025 | $1.3500 | $1.3500 | 4.35% |
| Sep 26, 2024 | Oct 10, 2024 | $1.3500 | $1.3500 | 4.34% |
| Jun 21, 2024 | Jul 8, 2024 | $1.3000 | $1.3000 | 5.20% |
| Mar 20, 2024 | Apr 9, 2024 | $1.3000 | $1.3000 | 5.52% |
| Dec 20, 2023 | Jan 10, 2024 | $1.3000 | $1.3000 | 5.59% |
| Sep 26, 2023 | Oct 12, 2023 | $1.3000 | $1.3000 | 5.61% |
| Jun 22, 2023 | Jul 11, 2023 | $1.2700 | $1.2700 | 5.31% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Philip Morris International has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 14 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $5.6400 | — | — |
| 2025 | $5.3000 | $5.6400 | +6.4% |
| 2024 | $5.1400 | $5.3000 | +3.1% |
| 2023 | $5.0400 | $5.1400 | +2.0% |
| 2022 | $4.9000 | $5.0400 | +2.9% |
| 2021 | $4.7400 | $4.9000 | +3.4% |
| 2020 | $4.6200 | $4.7400 | +2.6% |
| 2019 | $4.4900 | $4.6200 | +2.9% |
| 2018 | $4.2200 | $4.4900 | +6.4% |
| 2017 | $4.1200 | $4.2200 | +2.4% |
| 2016 | $4.0400 | $4.1200 | +2.0% |
| 2015 | $3.8800 | $4.0400 | +4.1% |
| 2014 | $3.5800 | $3.8800 | +8.4% |
| 2013 | $2.4290 | $3.5800 | +47.4% |
| 2012 | $2.8200 | $2.4290 | -13.9% |
| 2011 | $2.4400 | $2.8200 | +15.6% |
| 2010 | $2.2400 | $2.4400 | +8.9% |
| 2009 | — | $2.2400 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Philip Morris International pay dividends?
- Yes, Philip Morris International (PM) pays quarterly dividends of approximately $5.76 per share annually, yielding 3.64%.
What is Philip Morris International's dividend yield?
- Philip Morris International (PM) has a current dividend yield of 3.64%.
Is Philip Morris International's dividend safe?
- Philip Morris International (PM) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Philip Morris International increased its dividend?
- Philip Morris International (PM) has 14 consecutive years of dividend increases.
What is Philip Morris International's dividend payout ratio?
- Philip Morris International (PM) has a dividend payout ratio of 76.0%.