PM Dividend History & Yield

Philip Morris International Inc. · NYSE

Stock Consumer Defensive Quarterly payer Consumer StaplesDividend growth
$184.78
+1.23% today
as of Sep 8, 2026
TTM yield
3.18%
$5.88/share over the last 12 months
Forward yield
3.18%
$5.88/share indicated annual rate
Annual dividend
$5.88
per share, forward
Per payment
$1.47
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 27, 2026 Estimated
in 19 days
Next pay date
Oct 11, 2026
in 33 days
Last ex-dividend date
Jun 25, 2026
$1.47 per share
Payout ratio
81%
of earnings
Market cap
288.0B
P/E 25.4
5y dividend CAGR
+4.1%
annualised, regular payments
Growth streak
13 yrs
consecutive annual raises
Years paying
18.2
since Jun 26, 2008
1y total return
+14.1%
price +10.6% + dividends 3.5%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Sun, Sep 27, 2026 (in 19 days) Oct 11, 2026 $1.47 $147.00 Estimated
Wed, Dec 30, 2026 (in 113 days) Jan 13, 2027 $1.47 $147.00 Estimated
Sat, Apr 3, 2027 (in 207 days) Apr 17, 2027 $1.47 $147.00 Estimated
Tue, Jul 6, 2027 (in 301 days) Jul 20, 2027 $1.47 $147.00 Estimated

Estimated dates and amounts are projected from PM's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $5.88 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Sep 26, 2016 to Jun 25, 2026; most recent $1.47$0.00$1.00$2.00Sep 26, 2016: $1.04Sep '16Dec 20, 2016: $1.04Mar 21, 2017: $1.04Jun 21, 2017: $1.04Sep 26, 2017: $1.07Dec 20, 2017: $1.07Dec '17Mar 21, 2018: $1.07Jun 21, 2018: $1.14Sep 25, 2018: $1.14Dec 19, 2018: $1.14Mar 25, 2019: $1.14Mar '19Jun 20, 2019: $1.14Sep 24, 2019: $1.17Dec 18, 2019: $1.17Mar 20, 2020: $1.17Jun 19, 2020: $1.17Jun '20Sep 23, 2020: $1.20Dec 22, 2020: $1.20Mar 19, 2021: $1.20Jun 24, 2021: $1.20Sep 28, 2021: $1.25Sep '21Dec 22, 2021: $1.25Mar 23, 2022: $1.25Jun 30, 2022: $1.25Sep 27, 2022: $1.27Dec 21, 2022: $1.27Dec '22Mar 22, 2023: $1.27Jun 22, 2023: $1.27Sep 26, 2023: $1.30Dec 20, 2023: $1.30Mar 20, 2024: $1.30Mar '24Jun 21, 2024: $1.30Sep 26, 2024: $1.35Dec 26, 2024: $1.35Mar 20, 2025: $1.35Jun 27, 2025: $1.35Jun '25Oct 3, 2025: $1.47Dec 26, 2025: $1.47Mar 19, 2026: $1.47Jun 25, 2026: $1.47

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$3.00$6.002017: $4.22$4.2220172018: $4.49$4.4920182019: $4.62$4.6220192020: $4.74$4.7420202021: $4.90$4.9020212022: $5.04$5.0420222023: $5.14$5.1420232024: $5.30$5.3020242025: $5.64$5.6420252026 (YTD): $2.94$2.942026 YTD

How much PM do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month205$37,710$1,200
$500 / month1,021$188,551$6,000
$1,000 / month2,041$377,102$12,000

Based on the forward yield of 3.18%. $10,000 in PM would currently pay about $318 a year ($27 a month on average). Model reinvestment and growth →

PM dividend history

Show all 74 payments
Ex-datePay dateAmountChange
Jun 25, 2026 $1.47 +0.0%
Mar 19, 2026 $1.47 +0.0%
Dec 26, 2025 $1.47 +0.0%
Oct 3, 2025 $1.47 +8.9%
Jun 27, 2025 $1.35 +0.0%
Mar 20, 2025 $1.35 +0.0%
Dec 26, 2024 $1.35 +0.0%
Sep 26, 2024 $1.35 +3.8%
Jun 21, 2024 $1.30 +0.0%
Mar 20, 2024 $1.30 +0.0%
Dec 20, 2023 $1.30 +0.0%
Sep 26, 2023 $1.30 +2.4%
Jun 22, 2023 $1.27 +0.0%
Mar 22, 2023 $1.27 +0.0%
Dec 21, 2022 $1.27 +0.0%
Sep 27, 2022 $1.27 +1.6%
Jun 30, 2022 $1.25 +0.0%
Mar 23, 2022 $1.25 +0.0%
Dec 22, 2021 $1.25 +0.0%
Sep 28, 2021 $1.25 +4.2%
Jun 24, 2021 $1.20 +0.0%
Mar 19, 2021 $1.20 +0.0%
Dec 22, 2020 $1.20 +0.0%
Sep 23, 2020 $1.20 +2.6%

Payout risk check

Yield-trap heuristicLow risk

PM scores 0/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Payout ratio above 80% of earnings

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Philip Morris International Inc.

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Sector: Consumer Defensive. Industry: Tobacco. First dividend on our records: Jun 26, 2008. 74 payments tracked.

PM dividend FAQ

When is PM's next ex-dividend date?

PM's next ex-dividend date is Sep 27, 2026 (in 19 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.47 per share, expected on Oct 11, 2026.

How often does PM pay dividends?

PM pays dividends every quarter, 4 times a year. The most recent payment was $1.47 per share with an ex-date of Jun 25, 2026.

What is PM's dividend yield?

PM's trailing 12-month dividend yield is 3.18%, based on $5.88 per share paid over the last year and a share price of $184.78. The forward yield, using the indicated annual rate of $5.88 per share, is 3.18%.

How much does PM pay per share?

PM pays about $1.47 per share each quarter, which works out to roughly $5.88 per share a year. 100 shares would collect about $588.00 a year.

Has PM grown or cut its dividend?

PM has raised its annual dividend for 13 consecutive years. Over the last 5 years the regular payout has grown at 4.1% a year (+8.9% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of PM do I need to earn $100 a month?

At the current forward yield of 3.18%, you would need about 205 shares of PM (roughly $37,710 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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