Philip Morris International Inc. (PM) To Go Ex-Dividend on March 19th

Philip Morris International Inc. (NYSE:PM) declared a quarterly dividend on Thursday, March 5th. Shareholders of record on Thursday, March 19th will be paid a dividend of 1.47 per share on Monday, April 13th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, March 19th.

Philip Morris International has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 17 consecutive years. Philip Morris International has a dividend payout ratio of 71.0% indicating that its dividend is sufficiently covered by earnings. 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 0.0%

NYSE:PM opened at $174.74 on Tuesday. Philip Morris International has a 12-month low of $142.11 and a 12-month high of $191.30. The stock’s 50 day simple moving average is $176.53 and its 200-day simple moving average is $164.19. The firm has a market cap of $272.01 billion, a P/E ratio of 24.04, a PEG ratio of 1.99 and a beta of 0.38.

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

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.