Philip Morris International Inc. (PM) to Issue Quarterly Dividend of $1.47 on April 13th

Philip Morris International Inc. (NYSE:PM) announced a quarterly dividend on Thursday, March 5th. Investors of record on Thursday, March 19th will be given 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 is Thursday, March 19th.

Philip Morris International has raised its dividend by an average of 0.0%per year 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% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Trading Up 0.1%

Shares of Philip Morris International stock opened at $169.91 on Friday. The stock has a market cap of $264.50 billion, a PE ratio of 23.37, a price-to-earnings-growth ratio of 1.93 and a beta of 0.38. The company has a 50-day moving average of $175.14 and a two-hundred day moving average of $164.11. Philip Morris International has a 12-month low of $142.11 and a 12-month high of $191.30.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm had revenue of $10.36 billion during the quarter, compared to analysts’ expectations of $10.40 billion. During the same period in the previous year, the firm posted $1.55 earnings per share. Philip Morris International’s revenue was up 6.8% on a year-over-year basis. 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. On average, sell-side analysts forecast that Philip Morris International will post 7.14 EPS for the current fiscal year.

Insider Transactions at Philip Morris International

In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were 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 in the company, valued at $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the sale, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at $29,868,125.43. The trade was a 17.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Legacy Investment Solutions LLC acquired a new stake in Philip Morris International in the second quarter valued at approximately $25,000. Traub Capital Management LLC purchased a new stake in Philip Morris International during the 2nd quarter worth $25,000. AG Campbell Advisory LLC purchased a new position in Philip Morris International in the 4th quarter valued at about $25,000. Marquette Asset Management LLC grew its stake in shares of Philip Morris International by 1,677.8% during the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after acquiring an additional 151 shares in the last quarter. Finally, Portfolio Resources Advisor Group Inc. purchased a new stake in shares of Philip Morris International during the fourth quarter worth about $26,000. Institutional investors and hedge funds 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.