Philip Morris International Inc. (PM) Dividend History
PM latest dividend
The next dividend has not been announced yet.
- 13 yearsof dividend increases
- 2008paying since
- Quarterly4 payments a year
- +3.5%5-year growth a year
- 3.12%forward yield
PM dividend income calculator
- Dividend income a year
- $640
- Each payment
- $160
- Value of the shares
- $20,520
- Dividend yield
- 3.12%
At the latest close; forward annual dividend $6.40 per share, before tax.
PM dividends per share by year
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
PM dividend safety
Descriptive bands, not a rating.
PM yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $158.06 | 4.05% | $6.01 | 3.8% |
| 3 years ago | $93.21 | 6.87% | $16.78 | 18.0% |
| 5 years ago | $97.45 | 6.57% | $26.91 | 27.6% |
| 10 years ago | $96.56 | 6.63% | $49.67 | 51.4% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
PM dividend payments
Each bar is one payment, by ex-dividend month (last 40 payments).
PM dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $5.64 | +6.4% | 3.52% | 4 |
| 2024 | $5.30 | +3.1% | 4.40% | 4 |
| 2023 | $5.14 | +2.0% | 5.46% | 4 |
| 2022 | $5.04 | +2.9% | 4.98% | 4 |
| 2021 | $4.90 | +3.4% | 5.16% | 4 |
| 2020 | $4.74 | +2.6% | 5.73% | 4 |
| 2019 | $4.62 | +2.9% | 5.43% | 4 |
| 2018 | $4.49 | +6.4% | 6.73% | 4 |
| 2017 | $4.22 | +2.4% | 3.99% | 4 |
| 2016 | $4.12 | +2.0% | 4.50% | 4 |
| 2015 | $4.04 | +4.1% | 4.60% | 4 |
| 2014 | $3.88 | +8.4% | 4.76% | 4 |
| 2013 | $3.58 | +42.4% | 4.11% | 4 |
| 2012 | $2.51 | — | 3.01% | 5 |
| 2011 | $2.82 | +15.6% | 3.59% | 4 |
| 2010 | $2.44 | +8.9% | 4.17% | 4 |
| 2009 | $2.24 | — | 4.65% | 4 |
| 2008 | $1.54 | — | 3.54% | 3 |
PM dividend history
75 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-10-02 | 2026-10-26 | $1.60 | +8.8% | Quarterly |
| 2026-06-25 | 2026-07-20 | $1.47 | — | Quarterly |
| 2026-03-19 | 2026-04-13 | $1.47 | — | Quarterly |
| 2025-12-26 | 2026-01-14 | $1.47 | — | Quarterly |
| 2025-10-03 | 2025-10-20 | $1.47 | +8.9% | Quarterly |
| 2025-06-27 | 2025-07-15 | $1.35 | — | Quarterly |
| 2025-03-20 | 2025-04-10 | $1.35 | — | Quarterly |
| 2024-12-26 | 2025-01-13 | $1.35 | — | Quarterly |
| 2024-09-26 | 2024-10-10 | $1.35 | +3.8% | Quarterly |
| 2024-06-21 | 2024-07-08 | $1.30 | — | Quarterly |
| 2024-03-20 | 2024-04-09 | $1.30 | — | Quarterly |
| 2023-12-20 | 2024-01-10 | $1.30 | — | Quarterly |
| 2023-09-26 | 2023-10-12 | $1.30 | +2.4% | Quarterly |
| 2023-06-22 | 2023-07-11 | $1.27 | — | Quarterly |
| 2023-03-22 | 2023-04-11 | $1.27 | — | Quarterly |
| 2022-12-21 | 2023-01-11 | $1.27 | — | Quarterly |
Show all 75 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-27 | 2022-10-12 | $1.27 | +1.6% | Quarterly |
| 2022-06-30 | 2022-07-15 | $1.25 | — | Quarterly |
| 2022-03-23 | 2022-04-12 | $1.25 | — | Quarterly |
| 2021-12-22 | 2022-01-10 | $1.25 | — | Quarterly |
| 2021-09-28 | 2021-10-14 | $1.25 | +4.2% | Quarterly |
| 2021-06-24 | 2021-07-12 | $1.20 | — | Quarterly |
| 2021-03-19 | 2021-04-09 | $1.20 | — | Quarterly |
| 2020-12-22 | 2021-01-11 | $1.20 | — | Quarterly |
| 2020-09-23 | 2020-10-13 | $1.20 | +2.6% | Quarterly |
| 2020-06-19 | 2020-07-10 | $1.17 | — | Quarterly |
| 2020-03-20 | 2020-04-09 | $1.17 | — | Quarterly |
| 2019-12-18 | 2020-01-10 | $1.17 | — | Quarterly |
| 2019-09-24 | 2019-10-11 | $1.17 | +2.6% | Quarterly |
| 2019-06-20 | 2019-07-10 | $1.14 | — | Quarterly |
| 2019-03-25 | 2019-04-11 | $1.14 | — | Quarterly |
| 2018-12-19 | 2019-01-11 | $1.14 | — | Quarterly |
| 2018-09-25 | 2018-10-12 | $1.14 | — | Quarterly |
| 2018-06-21 | 2018-07-11 | $1.14 | +6.5% | Quarterly |
| 2018-03-21 | 2018-04-11 | $1.07 | — | Quarterly |
| 2017-12-20 | 2018-01-11 | $1.07 | — | Quarterly |
| 2017-09-26 | 2017-10-12 | $1.07 | +2.9% | Quarterly |
| 2017-06-21 | 2017-07-11 | $1.04 | — | Quarterly |
| 2017-03-21 | 2017-04-11 | $1.04 | — | Quarterly |
| 2016-12-20 | 2017-01-10 | $1.04 | — | Quarterly |
| 2016-09-26 | 2016-10-13 | $1.04 | +2.0% | Quarterly |
| 2016-06-21 | 2016-07-11 | $1.02 | — | Quarterly |
| 2016-03-22 | 2016-04-11 | $1.02 | — | Quarterly |
| 2015-12-21 | 2016-01-08 | $1.02 | — | Quarterly |
| 2015-09-28 | 2015-10-14 | $1.02 | +2.0% | Quarterly |
| 2015-06-23 | 2015-07-10 | $1.00 | — | Quarterly |
| 2015-03-24 | 2015-04-10 | $1.00 | — | Quarterly |
| 2014-12-22 | 2015-01-09 | $1.00 | — | Quarterly |
| 2014-09-23 | 2014-10-10 | $1.00 | +6.4% | Quarterly |
| 2014-06-24 | 2014-07-11 | $0.94 | — | Quarterly |
| 2014-03-25 | 2014-04-11 | $0.94 | — | Quarterly |
| 2013-12-23 | 2014-01-10 | $0.94 | — | Quarterly |
| 2013-09-24 | 2013-10-11 | $0.94 | +10.6% | Quarterly |
| 2013-06-25 | 2013-07-12 | $0.85 | — | Quarterly |
| 2013-03-26 | 2013-04-12 | $0.85 | +900.0% | Quarterly |
| 2012-12-24 | 2013-01-11 | $0.085 | +117.9% | Quarterly |
| 2012-12-20 | 2013-01-11 | $0.039 | −95.4% | |
| 2012-09-25 | 2012-10-11 | $0.85 | +10.4% | Quarterly |
| 2012-06-25 | 2012-07-12 | $0.77 | — | Quarterly |
| 2012-03-27 | 2012-04-12 | $0.77 | — | Quarterly |
| 2011-12-20 | 2012-01-10 | $0.77 | — | Quarterly |
| 2011-09-23 | 2011-10-11 | $0.77 | +20.3% | Quarterly |
| 2011-06-21 | 2011-07-11 | $0.64 | — | Quarterly |
| 2011-03-22 | 2011-04-11 | $0.64 | — | Quarterly |
| 2010-12-21 | 2011-01-10 | $0.64 | — | Quarterly |
| 2010-09-22 | 2010-10-08 | $0.64 | +10.3% | Quarterly |
| 2010-06-22 | 2010-07-09 | $0.58 | — | Quarterly |
| 2010-03-23 | 2010-04-09 | $0.58 | — | Quarterly |
| 2009-12-23 | 2010-01-11 | $0.58 | — | Quarterly |
| 2009-09-24 | 2009-10-09 | $0.58 | +7.4% | Quarterly |
| 2009-06-22 | 2009-07-10 | $0.54 | — | Quarterly |
| 2009-03-23 | 2009-04-09 | $0.54 | — | Quarterly |
| 2008-12-23 | 2009-01-09 | $0.54 | — | Quarterly |
| 2008-09-11 | 2008-10-10 | $0.54 | +17.4% | Quarterly |
| 2008-06-26 | 2008-07-10 | $0.46 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
PM stock split history
Philip Morris has no stock splits on record.
PM dividend overview
Philip Morris pays an annual dividend of $6.40 per share, a yield of 3.12% at the latest close, paid quarterly. It paid $5.64 per share in 2025, up 6.4% from 2024. It has raised its dividend for 13 consecutive years. Over five years the dividend grew 3.5% a year on average and over ten years 3.4% a year. The payout ratio is 74.2% of trailing earnings.
Related: PM cash flow statement, PM key metrics, PM chart. See the PM stock overview for the latest quote and news.
PM dividends FAQ
Does Philip Morris pay a dividend?
Yes. Philip Morris has paid a regular dividend since 2008, quarterly, most recently $1.60 per share with an ex-dividend date of October 2, 2026.
What is Philip Morris's dividend yield?
Philip Morris's forward annual dividend is $6.40 per share, a dividend yield of 3.12% at the latest close of $205.20.
How often does Philip Morris pay dividends?
Philip Morris pays dividends quarterly.
How fast is Philip Morris's dividend growing?
Philip Morris's dividend per share grew from $4.74 in 2020 to $5.64 in 2025, 3.5% a year on average over five years; it has increased for 13 years in a row.
What is Philip Morris's dividend payout ratio?
Philip Morris pays out 74.2% of its trailing earnings as dividends and 80.9% of its free cash flow (fiscal 2025).