Philip Morris International (PM) Dividend
Philip Morris International (PM) currently pays a dividend yield of 3.10%, distributing $5.88 per share annually ($1.47 per quarter). The company operates in the Consumer Staples sector.
PM has raised its dividend for 16 consecutive years.
PM dividend at a glance
| Dividend Yield | 3.10% |
|---|---|
| Annual Dividend | $5.88 per share |
| Per Payment | $1.47 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | September 25, 2026 |
| Next Payment Date | October 14, 2026 |
| Payout Ratio | 81% |
| Consecutive Years of Dividend Growth | 16 |
| Sector | Consumer Staples |
| Implied Share Price (from yield) | $189.68 |
What PM pays on a $10,000 investment
At a 3.10% yield, $10,000 invested in PM generates about $310.00 per year, or roughly $77.50 every quarter. Share counts below use an implied price of $189.68, derived from the $5.88 annual dividend and the 3.10% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 5.3 | $31.00 | $7.75 |
| $5,000 | 26.4 | $155.00 | $38.75 |
| $10,000 | 52.7 | $310.00 | $77.50 |
| $25,000 | 131.8 | $775.00 | $193.75 |
| $100,000 | 527.2 | $3,100.00 | $775.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
PM dividend payment schedule
PM pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 25, 2026, with payment on October 14, 2026. Later rows are projected forward at the same interval and will shift when Philip Morris International declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 25, 2026 | October 14, 2026 | $1.47 | Confirmed |
| December 25, 2026 | January 13, 2027 | $1.47 | Projected |
| March 25, 2027 | April 13, 2027 | $1.47 | Projected |
| June 25, 2027 | July 14, 2027 | $1.47 | Projected |
To collect a PM dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PM's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. PM's 3.10% is 0.71 percentage points below that median, ranking 337th of 587 by yield.
Within Consumer Staples, where we track 15 names, the median yield is 3.66% — putting PM below its sector.
Its 16-year run of dividend increases ranks 97th out of the 362 names in our data with an active growth streak.
What the numbers mean
PM pays out roughly 81% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, PM distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
PM dividend FAQ
When is the next PM ex-dividend date?
The next PM ex-dividend date is September 25, 2026, with the payment scheduled for October 14, 2026. You must own shares before the ex-dividend date to receive that payment.
What is PM's dividend yield?
PM currently yields 3.10%, based on $5.88 in dividends per share over the past year.
How often does PM pay dividends?
PM pays quarterly, which works out to 4 payments per year of about $1.47 per share.
How much dividend income would $10,000 of PM generate?
At the current 3.10% yield, $10,000 invested in PM would produce roughly $310.00 per year, or about $77.50 per quarter, before taxes and assuming the dividend holds.
Has PM increased its dividend?
Yes — PM has raised its dividend for 16 consecutive years.
PM dividend history
DivTrkr holds 74 recorded PM dividend payments going back to 2008, with 17 consecutive complete years of increases and +3.5% a year of growth over the last five complete years. See the full PM dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Consumer Staples dividend payers
- CPB — Campbell Soup dividend (6.77%)
- GIS — General Mills dividend (6.61%)
- MO — Altria Group dividend (6.20%)
- CLX — Clorox Co dividend (4.72%)
- HRL — Hormel Foods dividend (4.68%)
- KMB — Kimberly-Clark dividend (4.67%)
- CAG — Conagra Brands dividend (4.63%)
- SJM — J.M. Smucker dividend (3.66%)
Similar yields to PM
- CRC — California Resources Corporation dividend (3.11%)
- QDPL — Pacer Developed Markets International Cash Cows dividend (3.11%)
- DVY — iShares Select Dividend ETF dividend (3.08%)
- IEFA — iShares Core MSCI EAFE ETF dividend (3.12%)
- LNT — Alliant Energy Corporation dividend (3.08%)
- GPC — Genuine Parts Company dividend (3.13%)
Track PM dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.