Philip Morris International Inc. (NYSE:PM) Announces $1.47 Quarterly Dividend

Key Points

• Philip Morris declared a $1.47 quarterly dividend payable April 13 to holders of record March 19, implying a 3.5% yield and $5.88 annualized; the company has raised its dividend for 17 consecutive years with a payout ratio around 71%.
• Shares fell about 5.2% to $169.80 on heavy volume, and significant insider selling was disclosed — the CEO sold 80,000 shares and the CFO sold 33,800 — leaving insiders with just 0.13% ownership.
• PMI reported Q4 EPS of $1.70 (in line) and revenue of $10.36B (slightly below expectations) and issued guidance of Q1 2026 EPS 1.800–1.850 and FY 2026 EPS 8.380–8.530.

Philip Morris International Inc. (NYSE:PM - Get Free Report) declared a quarterly dividend on Thursday, March 5th. Stockholders of record on Thursday, March 19th will be given a dividend of 1.47 per share on Monday, April 13th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Thursday, March 19th.

Philip Morris International has increased its dividend 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. Equities research 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 Stock Down 5.2%

NYSE PM traded down $9.24 during trading hours on Thursday, hitting $169.80. The company had a trading volume of 8,443,404 shares, compared to its average volume of 5,429,397. The business has a fifty day simple moving average of $174.83 and a 200-day simple moving average of $164.05. The firm has a market cap of $264.32 billion, a P/E ratio of 23.36, a price-to-earnings-growth ratio of 2.03 and a beta of 0.38. Philip Morris International has a fifty-two week low of $142.11 and a fifty-two week high of $191.30.

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

Insider Activity at Philip Morris International

In other news, CEO Jacek Olczak sold 80,000 shares of the company's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the transaction, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the sale, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.13% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PM. Storen Legacy Partners LLC bought a new stake in Philip Morris International in the fourth quarter valued at approximately $1,249,000. Bayban bought a new stake in shares of Philip Morris International during the fourth quarter valued at approximately $266,000. AG Campbell Advisory LLC purchased a new stake in shares of Philip Morris International in the 4th quarter worth about $25,000. Pure Financial Advisors LLC grew its holdings in Philip Morris International by 8.6% in the fourth quarter. Pure Financial Advisors LLC now owns 23,346 shares of the company's stock worth $3,745,000 after purchasing an additional 1,845 shares during the period. Finally, SHP Wealth Management purchased a new stake in shares of Philip Morris International in the 4th quarter worth approximately $1,070,000. Hedge funds and other institutional investors own 78.63% of the company's stock.

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.

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