Dividends & Buybacks ·
Philip Morris raises quarterly cash dividend to $1.60 per share, an 8.8% increase
PMPhilip Morris International Inc.
Philip Morris International announced a dividend increase of 8.8% to an annualized rate of $6.40 per share. The new quarterly cash dividend is $1.60 per common share, up from the previous $1.47. It is payable on October 26, 2026, to shareholders of record as of October 2, 2026. The ex-dividend date is October 2, 2026. This marks the company's annual dividend increase every year since becoming a public company in 2008. Philip Morris International operates in the consumer goods industry, primarily manufacturing cigarettes and smoke-free products such as heat-not-burn devices and nicotine pouches.