PM Dividend History & Yield
Philip Morris International Inc. · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Mon, Jan 4, 2027 (in 71 days) | Jan 18, 2027 | $1.60 | $160.00 | Estimated |
| Thu, Apr 8, 2027 (in 165 days) | Apr 22, 2027 | $1.60 | $160.00 | Estimated |
| Sun, Jul 11, 2027 (in 259 days) | Jul 25, 2027 | $1.60 | $160.00 | Estimated |
| Wed, Oct 13, 2027 (in 353 days) | Oct 27, 2027 | $1.60 | $160.00 | 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 $6.40 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much PM do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 188 | $37,401 | $1,200 |
| $500 / month | 938 | $187,003 | $6,000 |
| $1,000 / month | 1,875 | $374,006 | $12,000 |
Based on the forward yield of 3.21%. $10,000 in PM would currently pay about $321 a year ($27 a month on average). Model reinvestment and growth →
PM dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Oct 2, 2026 | — | $1.60 | +8.8% |
| 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% |
PM dividend increases & cuts
Market-wide changes →| Ex-date | Change | Old | New | Status |
|---|---|---|---|---|
| Oct 2, 2026 | Raised 8.8% | $1.47 | $1.60 | Paid |
| Oct 3, 2025 | Raised 8.9% | $1.35 | $1.47 | Paid |
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
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. 75 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.
PM dividend FAQ
When is PM's next ex-dividend date?
PM's next ex-dividend date is Jan 4, 2027 (in 71 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.60 per share, expected on Jan 18, 2027.
How often does PM pay dividends?
PM pays dividends every quarter, 4 times a year. The most recent payment was $1.60 per share with an ex-date of Oct 2, 2026.
What is PM's dividend yield?
PM's trailing 12-month dividend yield is 3.01%, based on $6.01 per share paid over the last year and a share price of $199.47. The forward yield, using the indicated annual rate of $6.40 per share, is 3.21%.
How much does PM pay per share?
PM pays about $1.60 per share each quarter, which works out to roughly $6.40 per share a year. 100 shares would collect about $640.00 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 4.4% 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 3.21%, you would need about 188 shares of PM (roughly $37,401 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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