SmarterDividends
PM

Philip Morris International Inc.

PM

Consumer Defensive · Stock · quarterly payer

Forward Yield

3.36%

Annual Dividend

$5.88

Payout Ratio

81%

5-Yr Growth

3.5%

Ex-Date

Mar 19, 2026

Frequency

Quarterly

PM Dividend Safety Score

70/ 100
Grade B

Safe

Dividend-growth streak13 consecutive years of growth
Cut historyCut its dividend in 2012
Earnings payout coverage81% of earnings paid out
Free-cash-flow coverage107% of free cash flow
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PM a good dividend stock?

Yes, with caveats

Philip Morris International Inc. (PM) pays a quarterly dividend yielding 3.36% ($5.88/yr), with 17 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 17 consecutive years of dividend growth
  • 77% total price return over 5 years

Risks

  • Cut its dividend in 2012

Key Data

Dividend Yield
3.36%
Payout Ratio
81%
Annual Dividend
$5.88
5-Yr Avg Growth
3.5%
Ex-Dividend Date
Mar 19, 2026
Years of Growth
17
Frequency
quarterly
Beta
0.41
Market Cap
$272.7B
P/E Ratio
24.6
5-Yr Total Return
77%
52-Week Range
$142.11 – $193.05
Dividend Safety
B · 70/100
Ever Cut?
Yes (2012)
PM ex-dividend date & scheduleNext ex-date Mar 19, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $5.88 / yr per share

Per payment (quarterly)$147.00
Annual$588.00
Monthly avg$49.00