Philip Morris International Inc. (PM) Dividends
Dividend Yield and Dividend History Highlights
- Over the past six years, PM has issued more dividends than 97.86% of other dividend-issuing US stocks.
- Regarding free cash flow variation: PM reports less variability in its cash flow than 98.35% of dividend stocks in our set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with PM's price: OLED, BAH, XEL, PEGA and PINC.
PM Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $130.39 | $2468.17 | 2604.84% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of PM, the DDM model, as implemented by StockNews, implies a positive return of 2604.84% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Philip Morris International Inc are:
- Given its market cap of around 143 billion US dollars, its dividend yield of 5.48 is greater than 95.54% of its fellow stocks in the large market cap class.
- Regarding its relative worth based on the dividend discount model, PM's provides a return of 2604.84% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 96.12% of all stocks we measured with our dividend discount model.
PM Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-26 | Dividend | $1.35 | +3.85% |
| 2024-06-21 | Dividend | $1.30 | -- |
| 2024-03-20 | Dividend | $1.30 | -- |
| 2023-12-20 | Dividend | $1.30 | -- |
| 2023-09-26 | Dividend | $1.30 | +2.36% |
| 2023-06-22 | Dividend | $1.27 | -- |
| 2023-03-22 | Dividend | $1.27 | -- |
| 2022-12-21 | Dividend | $1.27 | -- |
| 2022-09-27 | Dividend | $1.27 | +1.60% |
| 2022-06-30 | Dividend | $1.25 | -- |
| 2022-03-23 | Dividend | $1.25 | -- |
| 2021-12-22 | Dividend | $1.25 | -- |
| 2021-09-28 | Dividend | $1.25 | +4.17% |
| 2021-06-24 | Dividend | $1.20 | -- |
| 2021-03-19 | Dividend | $1.20 | -- |
| 2020-12-22 | Dividend | $1.20 | -- |
| 2020-09-23 | Dividend | $1.20 | +2.56% |
| 2020-06-19 | Dividend | $1.17 | -- |
| 2020-03-20 | Dividend | $1.17 | -- |
| 2019-12-18 | Dividend | $1.17 | -- |
| 2019-09-24 | Dividend | $1.17 | +2.63% |
| 2019-06-20 | Dividend | $1.14 | -- |
| 2019-03-25 | Dividend | $1.14 | -- |
| 2018-12-19 | Dividend | $1.14 | -- |
| 2018-09-25 | Dividend | $1.14 | -- |
| 2018-06-21 | Dividend | $1.14 | +6.54% |
| 2018-03-21 | Dividend | $1.07 | -- |
| 2017-12-20 | Dividend | $1.07 | -- |
| 2017-09-26 | Dividend | $1.07 | +2.88% |
| 2017-06-21 | Dividend | $1.04 | -- |
| 2017-03-21 | Dividend | $1.04 | -- |
| 2016-12-20 | Dividend | $1.04 | -- |
| 2016-09-26 | Dividend | $1.04 | +1.96% |
| 2016-06-21 | Dividend | $1.02 | -- |
| 2016-03-22 | Dividend | $1.02 | -- |
| 2015-12-21 | Dividend | $1.02 | -- |
| 2015-09-28 | Dividend | $1.02 | +2.00% |
| 2015-06-23 | Dividend | $1.00 | -- |
| 2015-03-24 | Dividend | $1.00 | -- |
| 2014-12-22 | Dividend | $1.00 | -- |
| 2014-09-23 | Dividend | $1.00 | +6.38% |
| 2014-06-24 | Dividend | $0.94 | -- |
| 2014-03-25 | Dividend | $0.94 | -- |
| 2013-12-23 | Dividend | $0.94 | -- |
| 2013-09-24 | Dividend | $0.94 | +10.59% |
| 2013-06-25 | Dividend | $0.85 | -- |
| 2013-03-26 | Dividend | $0.85 | -- |
| 2012-12-24 | Dividend | $0.85 | +2,079.49% |
| 2012-12-20 | Dividend | $0.04 | -95.41% |
| 2012-09-25 | Dividend | $0.85 | +10.39% |
| 2012-06-25 | Dividend | $0.77 | -- |
| 2012-03-27 | Dividend | $0.77 | -- |
| 2011-12-20 | Dividend | $0.77 | -- |
| 2011-09-23 | Dividend | $0.77 | +20.31% |
| 2011-06-21 | Dividend | $0.64 | -- |
| 2011-03-22 | Dividend | $0.64 | -- |
| 2010-12-21 | Dividend | $0.64 | -- |
| 2010-09-22 | Dividend | $0.64 | +10.34% |
| 2010-06-22 | Dividend | $0.58 | -- |
| 2010-03-23 | Dividend | $0.58 | -- |
| 2009-12-23 | Dividend | $0.58 | -- |
| 2009-09-24 | Dividend | $0.58 | +7.41% |
| 2009-06-22 | Dividend | $0.54 | -- |
| 2009-03-23 | Dividend | $0.54 | -- |
| 2008-12-23 | Dividend | $0.54 | -- |
| 2008-09-11 | Dividend | $0.54 | +17.39% |
| 2008-06-26 | Dividend | $0.46 | -- |
PM Dividends vs. Peers
PM's dividend yield currently ranks #2 of 14 vs. its peers in the Tobacco category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | KAVL | Kaival Brands Innovations Group Inc. | 0.00% |
| 2 | PM | Philip Morris International Inc. | 0.00% |
| 3 | IMBBY | Imperial Brands PLC ADR | 0.00% |
| 4 | MO | Altria Group, Inc. | 0.00% |
| 5 | PLNHF | Planet 13 Holdings Inc. | 0.00% |
| 6 | JAPAY | Japan Tobacco Inc. ADR | 0.00% |
| 7 | PYX | Pyxus International, Inc. | 0.00% |
| 8 | GNLN | Greenlane Holdings, Inc. - | 0.00% |
| 9 | RAI | Reynolds American Inc | 0.00% |
| 10 | BTI | British American Tobacco PLC ADR | 0.00% |
| 11 | TPB | Turning Point Brands, Inc. | 0.00% |
| 12 | UVV | Universal Corporation | 0.00% |
| 13 | ISPR | Ispire Technology Inc. | 0.00% |
| 14 | VGR | Vector Group Ltd. | 0.00% |
Looking for More Information on PM dividends?
Want to do more research on Philip Morris International Inc's dividends? Try the links below:Philip Morris International Inc Common Stock (PM) Dividend History | Nasdaq
Dividend History for Philip Morris International Inc (PM) - Dividend Investor
Philip Morris International Inc (PM) Dividend History - Seeking Alpha