Philip Morris International Inc. (PM) To Go Ex-Dividend on June 25th

Philip Morris International Inc. (NYSE:PM) declared a quarterly dividend on Thursday, June 11th. Investors of record on Thursday, June 25th will be paid a dividend of 1.47 per share on Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th.

Philip Morris International has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 17 consecutive years. Philip Morris International has a payout ratio of 71.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Philip Morris International to earn $9.23 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 63.7%.

Philip Morris International Stock Performance

Shares of PM opened at $184.41 on Friday. The company’s 50 day moving average price is $172.61 and its 200 day moving average price is $169.80. Philip Morris International has a 52 week low of $142.11 and a 52 week high of $193.05. The company has a market capitalization of $287.41 billion, a PE ratio of 25.94, a PEG ratio of 2.09 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the previous year, the firm posted $1.69 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. On average, equities analysts forecast that Philip Morris International will post 8.4 earnings per share for the current fiscal year.

Institutional Trading of Philip Morris International

Several large investors have recently added to or reduced their stakes in the business. Farmers National Bank grew its position in Philip Morris International by 10.2% in the first quarter. Farmers National Bank now owns 5,736 shares of the company’s stock worth $948,000 after acquiring an additional 531 shares in the last quarter. Wealthquest Corp grew its position in Philip Morris International by 16.6% in the first quarter. Wealthquest Corp now owns 1,513 shares of the company’s stock worth $250,000 after acquiring an additional 215 shares in the last quarter. DV Trading LLC grew its position in Philip Morris International by 283.2% in the first quarter. DV Trading LLC now owns 2,299 shares of the company’s stock worth $380,000 after acquiring an additional 1,699 shares in the last quarter. Parallel Advisors LLC grew its position in Philip Morris International by 9.8% in the first quarter. Parallel Advisors LLC now owns 21,216 shares of the company’s stock worth $3,508,000 after acquiring an additional 1,888 shares in the last quarter. Finally, First Nebraska Trust Co bought a new stake in Philip Morris International in the first quarter worth approximately $2,904,000. 78.63% of the stock is owned by institutional investors.

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.