Philip Morris raised dividend to USD 1.60: Philip Morris stock gains 2.86 percent
Published on 10/08/2026 at 16:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Philip Morris raised its quarterly dividend to USD 1.60 per share on September 18, 2026, an 8.80 percent increase.
- Second-quarter 2026 revenue reached USD 11.19 billion, up 10.40 percent year over year.
- Philip Morris stock was trading at EUR 176.31 at Lang & Schwarz on October 8, 2026 at 4:39 p.m. CEST, plus 2.86 percent versus EUR 171.40.
- The next earnings date is October 21, 2026, followed by the dividend payment on October 26, 2026.
Philip Morris International (ISIN US7181721090) raised its quarterly dividend to USD 1.60 per share on September 18, 2026, while Philip Morris stock was trading at EUR 176.31 at Lang & Schwarz on October 8, 2026 at 4:39 p.m. CEST, up 2.86 percent versus the prior close of EUR 171.40. The dividend increase was confirmed by Philip Morris.
Three dated company milestones
On July 22, 2026, Philip Morris reported USD 11.19 billion of revenue for the second quarter of 2026, up 10.40 percent year over year, according to Openbook. Adjusted diluted earnings per share reached USD 2.20, an increase of 15.20 percent.
On September 8, 2026, the company raised its adjusted diluted earnings-per-share outlook for fiscal 2026 to USD 8.35-8.50, compared with USD 7.54 in fiscal 2025, as reported by StockTitan.
On September 18, 2026, the board lifted the quarterly dividend from USD 1.47 to USD 1.60 per share, an 8.80 percent increase. The annualized rate is USD 6.40 per share, according to Philip Morris.
What comes next for the payout?
The next payment is scheduled for October 26, 2026, to shareholders of record as of October 2, 2026, according to Philip Morris. The company has increased its annual dividend every year since 2008, giving the latest announcement a long-term shareholder-return context.
Two dates for investors
Philip Morris is scheduled to report its next quarterly results on October 21, 2026, according to Yahoo Finance. The dividend payment follows on October 26, 2026, making earnings the nearer company-specific event.
Stock trades above prior close
At Lang & Schwarz, Philip Morris stock was trading at EUR 176.31 on October 8, 2026 at 4:39 p.m. CEST, plus 2.86 percent versus the EUR 171.40 prior close dated October 7, 2026. The primary listing is on the New York Stock Exchange, where the finance quote showed USD 198.68 at 10:49 a.m. EDT on October 8, 2026; the separate 52-week range was USD 142.11 to USD 207.76.
The further course of trading is shown by the continuously updated real-time quote of Philip Morris stock.
Philip Morris stock facts
- Company: Philip Morris International Inc.
- ISIN: US7181721090
- Ticker: PM
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 8, 2026, 4:39 p.m. CEST): EUR 176.31
- Change versus prior close: plus 2.86 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 171.40
- Market capitalization: USD 309.7 billion (as of October 8, 2026)
- 52-week range: USD 142.11-207.76 (as of October 8, 2026)
- Sector / Industry: Consumer Defensive / Tobacco
- Next earnings date: October 21, 2026
Market context: Market report S&P 500.
