Philip Morris International (PMI) is a leading global tobacco company dedicated to transforming the industry by delivering smoke-free alternatives to adult smokers. With a presence in over 180 countries, PMI is known for iconic brands like Marlboro and a commitment to replacing traditional cigarettes with innovative, reduced-risk products for a smoke-free future.
• Philip Morris announced a Quarterly dividend of $1.3 per ordinary share which will be made payable on 2024-04-09. Ex dividend date: 2024-03-20
• Philip Morris annual dividend for 2023 was $5.11
• Philip Morris dividend growth for 2022 - 2023 was 1.98%
• Typically, Philip Morris pays dividends four times
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 20-03-2024 | $ 1.30 | Quarterly | 09-04-2024 |
| 20-12-2023 | $ 1.30 | Quarterly | 10-01-2024 |
| 26-09-2023 | $ 1.30 | Quarterly | 12-10-2023 |
| 22-06-2023 | $ 1.27 | Quarterly | 11-07-2023 |
| 22-03-2023 | $ 1.27 | Quarterly | 11-04-2023 |
| 21-12-2022 | $ 1.27 | Quarterly | 11-01-2023 |
| 27-09-2022 | $ 1.27 | Quarterly | 12-10-2022 |
| 30-06-2022 | $ 1.25 | Quarterly | 15-07-2022 |
| 23-03-2022 | $ 1.25 | Quarterly | 12-04-2022 |
| 22-12-2021 | $ 1.25 | Quarterly | 10-01-2022 |
| 28-09-2021 | $ 1.25 | Quarterly | 14-10-2021 |
| 24-06-2021 | $ 1.20 | Quarterly | 12-07-2021 |
| 19-03-2021 | $ 1.20 | Quarterly | 09-04-2021 |
| 22-12-2020 | $ 1.20 | Quarterly | 11-01-2021 |
| 23-09-2020 | $ 1.20 | Quarterly | 13-10-2020 |
| 19-06-2020 | $ 1.17 | Quarterly | 10-07-2020 |
| 20-03-2020 | $ 1.17 | Quarterly | 09-04-2020 |
| 18-12-2019 | $ 1.17 | Quarterly | 10-01-2020 |
| 24-09-2019 | $ 1.17 | Quarterly | 11-10-2019 |
| 20-06-2019 | $ 1.14 | Quarterly | 10-07-2019 |
| 25-03-2019 | $ 1.14 | Quarterly | 11-04-2019 |
| 19-12-2018 | $ 1.14 | Quarterly | 11-01-2019 |
| 25-09-2018 | $ 1.14 | Quarterly | 12-10-2018 |
| 21-06-2018 | $ 1.14 | Quarterly | 11-07-2018 |
| 21-03-2018 | $ 1.07 | Quarterly | 11-04-2018 |
| 20-12-2017 | $ 1.07 | Quarterly | 11-01-2018 |
| 26-09-2017 | $ 1.07 | Quarterly | 12-10-2017 |
| 21-06-2017 | $ 1.04 | Quarterly | 11-07-2017 |
| 21-03-2017 | $ 1.04 | Quarterly | 11-04-2017 |
| 20-12-2016 | $ 1.04 | Quarterly | 10-01-2017 |
| 26-09-2016 | $ 1.04 | Quarterly | 13-10-2016 |
| 21-06-2016 | $ 1.02 | Quarterly | 11-07-2016 |
| 22-03-2016 | $ 1.02 | Quarterly | 11-04-2016 |
| 21-12-2015 | $ 1.02 | Quarterly | 08-01-2016 |
| 28-09-2015 | $ 1.02 | Quarterly | 14-10-2015 |
| 23-06-2015 | $ 1.00 | Quarterly | 10-07-2015 |
| 24-03-2015 | $ 1.00 | Quarterly | 10-04-2015 |
| 22-12-2014 | $ 1.00 | Quarterly | 09-01-2015 |
| 23-09-2014 | $ 1.00 | Quarterly | 10-10-2014 |
| 24-06-2014 | $ 0.94 | Quarterly | 11-07-2014 |
| 25-03-2014 | $ 0.94 | Quarterly | 11-04-2014 |
| 23-12-2013 | $ 0.94 | Quarterly | 10-01-2014 |
| 24-09-2013 | $ 0.94 | Quarterly | 11-10-2013 |
| 25-06-2013 | $ 0.85 | Quarterly | 12-07-2013 |
| 26-03-2013 | $ 0.85 | Quarterly | 12-04-2013 |
| 24-12-2012 | $ 0.09 | Quarterly | 11-01-2013 |
| 20-12-2012 | $ 0.04 | -- | |
| 25-09-2012 | $ 0.85 | Quarterly | 11-10-2012 |
| 25-06-2012 | $ 0.77 | Quarterly | 12-07-2012 |
| 27-03-2012 | $ 0.77 | Quarterly | 12-04-2012 |
| 20-12-2011 | $ 0.77 | Quarterly | 10-01-2012 |
| 23-09-2011 | $ 0.77 | Quarterly | 11-10-2011 |
| 21-06-2011 | $ 0.64 | Quarterly | 11-07-2011 |
| 22-03-2011 | $ 0.64 | Quarterly | 11-04-2011 |
| 21-12-2010 | $ 0.64 | Quarterly | 10-01-2011 |
| 22-09-2010 | $ 0.64 | Quarterly | 08-10-2010 |
| 22-06-2010 | $ 0.58 | Quarterly | 09-07-2010 |
| 23-03-2010 | $ 0.58 | Quarterly | 09-04-2010 |
Are you planning on buying Philip Morris? Calculate your expected dividend yield:
Philip Morris International, a leading tobacco company, has implemented a consistent and investor-friendly dividend policy over the years. This policy reflects the company’s commitment to returning value to its shareholders. Philip Morris typically pays dividends quarterly, providing investors with a predictable income stream. The company’s dividend payments are often supported by its strong cash flow generation, driven by its diverse portfolio of tobacco brands, including Marlboro. Philip Morris has a history of increasing its dividend payouts, showcasing its dedication to rewarding long-term investors. However, it’s worth noting that the tobacco industry faces regulatory challenges and changing consumer preferences, which could impact future dividend growth. Investors should consider these factors when evaluating Philip Morris as a dividend investment.
Other factors to consider when evaluating Philip Morris as a dividend stock include its dividend yield, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company’s ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage’s trading platform to place an order to buy Philip Morris stock.
Remember that buying stocks involves risk, and it’s important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Philip Morris’s board of directors reviews the company’s financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Philip Morris publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Philip Morris distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder’s brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Philip Morris are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction’s tax regulations.
1. Record Date: Philip Morris sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Philip Morris distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder’s brokerage account or bank account.
3. Currency: Company-Name declares the currency in which the dividend will be paid. Depending on the shareholder’s location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Philip Morris’s dividend, it is crucial to analyze the company’s financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company’s future earnings, cash flow projections, and management’s commitment to dividend policies can provide valuable insights.
It is recommended to review Philip Morris’s financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company’s financial situation.
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