Philip Morris International Inc.

NYSE:PM Stock Report

Market Cap: US$193.7b

Philip Morris International Dividends and Buybacks

Dividend criteria checks 5/6

Philip Morris International is a dividend paying company with a current yield of 4.42% that is well covered by earnings. Next payment date is on 13th January, 2025 with an ex-dividend date of 26th December, 2024.

Key information

4.4%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield4.4%
Future Dividend Yield4.7%
Dividend Growth1.7%
Next dividend pay date13 Jan 25
Ex dividend date26 Dec 24
Dividend per shareUS$5.400
Payout ratio83%

Recent dividend and buyback updates

Recent updates

Investors Interested In Philip Morris International Inc.'s (NYSE:PM) Earnings

Dec 16
Investors Interested In Philip Morris International Inc.'s (NYSE:PM) Earnings

Philip Morris Continues To Reward Shareholders

Dec 02

Philip Morris International Inc.'s (NYSE:PM) Intrinsic Value Is Potentially 86% Above Its Share Price

Nov 28
Philip Morris International Inc.'s (NYSE:PM) Intrinsic Value Is Potentially 86% Above Its Share Price

Philip Morris: Market Dominance In Smoke-Free Products Driving A Compelling Growth Story

Nov 24

Philip Morris: King Of The Tobacco Jungle - Minimal Upside/ Dividends Here

Oct 29

Philip Morris International Pops; Yield Drops

Oct 23

Building A Portfolio Of Leaders With Philip Morris

Oct 15

Philip Morris International (NYSE:PM) May Have Issues Allocating Its Capital

Oct 05
Philip Morris International (NYSE:PM) May Have Issues Allocating Its Capital

Innovation Titan Philip Morris International Comes To America

Sep 23

Philip Morris: Strong Cash Flow At A Lower Valuation

Sep 09

Earnings Not Telling The Story For Philip Morris International Inc. (NYSE:PM)

Aug 30
Earnings Not Telling The Story For Philip Morris International Inc. (NYSE:PM)

Philip Morris' Stock Is Going Up, So Will Its Dividend

Aug 24

Philip Morris: 5% Yield Is Now Too Expensive (Rating Downgrade)

Jul 30

Philip Morris International Conquers The Ever-Changing World

Jul 23

Are Investors Undervaluing Philip Morris International Inc. (NYSE:PM) By 40%?

Jul 22
Are Investors Undervaluing Philip Morris International Inc. (NYSE:PM) By 40%?

Philip Morris: Expanding EPS And Dividend Growth Make This A Winner, Yielding Over 5%

Jul 05

Investors Could Be Concerned With Philip Morris International's (NYSE:PM) Returns On Capital

Jul 04
Investors Could Be Concerned With Philip Morris International's (NYSE:PM) Returns On Capital

5% Yield: Philip Morris Is A Smokin' Deal In A Tricky Market

Jun 21

Philip Morris: Undervalued Growth Stock At An Inflection Point

Jun 03

Sentiment Still Eluding Philip Morris International Inc. (NYSE:PM)

May 21
Sentiment Still Eluding Philip Morris International Inc. (NYSE:PM)

Philip Morris International: The Smoke-Free Future Is Now Here

May 17

Philip Morris: Big Nicotine Winner Rarely Comes Cheap

May 09

Shareholders May Not Be So Generous With Philip Morris International Inc.'s (NYSE:PM) CEO Compensation And Here's Why

May 02
Shareholders May Not Be So Generous With Philip Morris International Inc.'s (NYSE:PM) CEO Compensation And Here's Why

Philip Morris Yields 6% But Faces Credit Downgrade Risk

Apr 16

Philip Morris: A Top Income Stock With A 6% Yield

Apr 10

Is There An Opportunity With Philip Morris International Inc.'s (NYSE:PM) 44% Undervaluation?

Apr 05
Is There An Opportunity With Philip Morris International Inc.'s (NYSE:PM) 44% Undervaluation?

Philip Morris International: Buy This High-Yielding Stock

Mar 14

Philip Morris: Best Of Breed As 2024/2025 Brings New Tailwinds

Feb 21

Philip Morris International: 5.9% Yield With Less Smoke And More Value

Feb 11

Philip Morris Q4 Earnings Preview: Are The Recurring Adjustments A Sign Of Trouble?

Jan 26

Philip Morris Is Set To Surge In 2024

Jan 20

Philip Morris: A Great Buy For Income In 2024

Jan 02

Is There An Opportunity With Philip Morris International Inc.'s (NYSE:PM) 35% Undervaluation?

Dec 29
Is There An Opportunity With Philip Morris International Inc.'s (NYSE:PM) 35% Undervaluation?

Philip Morris: Shares On Sale As EPS Trends Improve

Nov 18

Philip Morris International: One Of My Highest Conviction Picks

Nov 05

Philip Morris Q3 Earnings Preview: What Nobody Is Talking About

Oct 17

Philip Morris: About To Smoke Its U.S. Competitors

Oct 07

Philip Morris: Robust Investor Day Update Calms Undue Fears (Rating Upgrade)

Sep 28

Upcoming Dividend Payment

TodayDec 20 2024Ex Dividend DateDec 26 2024Dividend Pay DateJan 13 202518 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PM's dividends per share have been stable in the past 10 years.

Growing Dividend: PM's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Philip Morris International Dividend Yield vs Market
How does PM dividend yield compare to the market?
SegmentDividend Yield
Company (PM)4.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Tobacco)5.4%
Analyst forecast (PM) (up to 3 years)4.7%

Notable Dividend: PM's dividend (4.42%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: PM's dividend (4.42%) is low compared to the top 25% of dividend payers in the US market (4.56%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (83.2%), PM's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (83.6%), PM's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 05:01
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Philip Morris International Inc. is covered by 41 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ColemanArgus Research Company
Ishan MajumdarBaptista Research
Michael BrancaBarclays