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

Key Points

• Philip Morris International Inc. has declared a quarterly dividend of $1.47, marking an 8.9% increase from its previous dividend of $1.35, with the payment to be made on October 20th.
• The company reported $10.14 billion in revenue for the last quarter, which was slightly below analysts' expectations, and reported earnings per share (EPS) of $1.91.
• Equities research analysts have set a consensus rating of "Moderate Buy" for Philip Morris International, with an average price target of $184.91.

Philip Morris International Inc. (NYSE:PM - Get Free Report) announced a quarterly dividend on Friday, September 19th, RTT News reports. Investors of record on Friday, October 3rd will be given a dividend of 1.47 per share on Monday, October 20th. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, October 3rd. This is a 8.9% increase from Philip Morris International's previous quarterly dividend of $1.35.

Philip Morris International has a dividend payout ratio of 65.2% 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 $5.40 annual dividend with an expected future payout ratio of 68.4%.

Philip Morris International Stock Performance

Philip Morris International stock traded up $1.08 during mid-day trading on Friday, reaching $162.84. The stock had a trading volume of 10,479,787 shares, compared to its average volume of 5,532,723. The firm has a market capitalization of $253.48 billion, a PE ratio of 30.96, a price-to-earnings-growth ratio of 2.36 and a beta of 0.49. The stock's 50-day simple moving average is $167.26 and its 200-day simple moving average is $168.01. Philip Morris International has a fifty-two week low of $116.12 and a fifty-two week high of $186.69.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.05. The firm had revenue of $10.14 billion during the quarter, compared to analysts' expectations of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, research analysts forecast that Philip Morris International will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Company Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.