Philip Morris (PM) Raises Quarterly Dividend 8.8% to $1.60; 3.4% Yield

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Go back to Philip Morris (PM) Raises Quarterly Dividend 8.8% to $1.60; 3.4% Yield

Philip Morris International Increases Dividend by 8.8% to Annualized Rate of $6.40 per Share

September 18, 2026 8:02 AM EDT

 

STAMFORD, CT--(BUSINESS WIRE)-- Regulatory News:

The Board of Directors of Philip Morris International Inc. (PMI) (NYSE: PM) has increased the companys regular quarterly dividend by 8.8% to an annualized rate of $6.40 per share.

The new quarterly dividend of $1.60 per share, up from $1.47 per share, is payable on October 26, 2026, to shareholders of record as of October 2, 2026. The ex-dividend date is October 2, 2026.

PMI has increased its annual dividend every year since becoming a public company in 2008, representing a total increase of 248%, or a compound annual growth rate of 7.2%.

For additional dividend... More