Philip Morris International Inc. (NYSE:PM) Announces Quarterly Dividend of $1.47

Philip Morris International Inc. (NYSE:PM) declared a quarterly dividend on Thursday, March 5th. Investors of record on Thursday, March 19th will be paid a dividend of 1.47 per share on Monday, April 13th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Thursday, March 19th.

Philip Morris International has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 17 years. Philip Morris International has a dividend payout ratio of 71.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Philip Morris International to earn $7.90 per share next year, which means the company should continue to be able to cover its $5.88 annual dividend with an expected future payout ratio of 74.4%.

Philip Morris International Stock Performance

Shares of PM stock traded down $9.24 during mid-day trading on Thursday, hitting $169.80. The company’s stock had a trading volume of 8,443,404 shares, compared to its average volume of 5,429,397. Philip Morris International has a 52-week low of $142.11 and a 52-week high of $191.30. The stock has a market cap of $264.32 billion, a price-to-earnings ratio of 23.36, a PEG ratio of 2.03 and a beta of 0.38. The business has a 50-day moving average price of $174.83 and a 200 day moving average price of $164.05.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. The company had revenue of $10.36 billion for the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.55 earnings per share. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. Equities research analysts predict that Philip Morris International will post 7.14 EPS for the current fiscal year.

Insider Activity at Philip Morris International

In related news, CEO Jacek Olczak sold 80,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $181.61, for a total value of $6,138,418.00. Following the completion of the transaction, the chief financial officer directly owned 164,463 shares in the company, valued at $29,868,125.43. This trade represents a 17.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On Philip Morris International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Capital International Investors boosted its stake in Philip Morris International by 13.7% in the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after acquiring an additional 12,227,004 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Philip Morris International by 25.3% during the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after purchasing an additional 11,013,173 shares during the last quarter. Capital World Investors boosted its position in shares of Philip Morris International by 2.8% in the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after purchasing an additional 3,579,399 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Philip Morris International by 36.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after buying an additional 2,475,204 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Philip Morris International by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company’s stock valued at $26,018,555,000 after buying an additional 2,235,380 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

About Philip Morris International

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.