Dividend Track Records (DTR)

Philip Morris International (PM) will hike its quarterly dividend by 8.9% to $1.47 per share in 2025. This marks 18 consecutive years of increases. It also is the biggest increase in years by the tobacco company.

Philip Morris International (PM) hikes the dividend by 3.8% in 2024. This marks 17 consecutive years of increases.

Philip Morris International Inc. (NYSE: PM) has announced that its Board of Directors has approved a 2.4% increase in the company's regular quarterly dividend. The new dividend rate will be an annualized amount of $5.20 per share, reflecting an increase from the previous rate of $5.07 per share.

On september 14, 2022, Philip Morris International (PM) declared a 1.6% dividend hike to $1.27 per share quarterly. This follows a dividend hike of 4.2 percent to $1.25 per share in 2021 and marks 15 consecutive years of dividend growth by the tobacco company. The average 5 year CAGR for the dividend is just 3.5% now. The new quarterly dividend of $1.27 per share, up from $1.25 per share, is payable on October 12, 2022, to shareholders of record as of September 28, 2022. The ex-dividend date is September 27, 2022. A new annual dividend rate of $5.08 per share yields 5.4% to PM shareholders at a stock price of $94. Phillip Morris International will now pay an estimated $7.9 billion in dividends to shareholders annually. The 5 year dividend growth rate has slowed to 3.5 percent annually, down from 3.7 percent in 2021, while the 10 year CAGR for PM's dividend is +5.0 percent. PM last hiked the dividend by double digits in 2010, 2011, 2012 and 2013. Philip Morris International is engag...

Philip Morris International (PM) will raise its quarterly dividend by 4.2 percent to $1.25 per share in 2021. This comes after dividend hikes of 2.6 percent by the cigarette maker in both 2020 and 2019. The dividend has now been raised for 14 consecutive years by PM. The next quarterly PM dividend of $1.20 per share is payable on October 14, 2021. The ex-dividend date for Philip Morris International stock is September 28, 2021. A new annual dividend rate of $5.00 per share yields 4.7% to PM shareholders at a stock price of $104. Phillip Morris International will now pay an estimated $7.79 billion in dividends to shareholders annually. The 5 year dividend growth rate has slowed to 3.7 percent annually, while the 10 year CAGR for PM's dividend is +6.5 percent because of double digit dividend hikes by the company in 2010, 2011, 2012 and 2013. Philip Morris International is engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and acce...

Philip Morris International (PM) will raise its quarterly dividend by another 2.6 percent to $1.20 per share in 2020. This follows a similar 2.1 percent dividend hike to $1.17 quarterly by the cigarette maker last year. The dividend has now been raised for 13 consecutive years. The next quarterly dividend of $1.20 per share is payable on October 13, 2020, to shareholders of record as of September 24, 2020. The ex-dividend date is September 23, 2020. A new annual rate of $4.80 per share yields 5.9% at a stock price of $81.23. Phillip Morris International will now pay an estimated $7.5 billion in dividends to shareholders annually. The company's stock price is down 2.1 percent year-to-date resulting in a current market cap of $126.9 billion. The 5 year dividend growth rate has slowed to 3.3 percent annually, while the 10 year CAGR for PM's dividend is +7.1 percent because of double digit dividend hikes by the company in 2010, 2011, 2012 and 2013. Philip Morris International...

Philip Morris International (PM) will raise its quarterly dividend by 2.6 percent to $1.17 per share in 2019. This follows a 6.5 percent dividend hike by the sigarette maker last year. The next quarterly dividend is payable on October 11, 2019, to shareholders of record as of September 25, 2019. The ex-dividend date is September 24, 2019. A new annual rate of $4.68 per share yields 6.4% at a stock price of $73.05. Philip Morris International is engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the United States of America. The company's brands include Marlboro, L&M, Lark, Merit, Muratti, Philip Morris, Bond Street, Chesterfield, Next and Red & White. PMI also owns various other local cigarette brands and has a strong presence in emerging markets. The company's smoke-free product brand portfolio includes heated tobacco and nicotine-contain...