Philip Morris raises dividend to USD 1.60. 10 analysts rate Philip Morris stock Buy

Published on 10/05/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 11.19 billion, up 10.40 percent year over year. Philip Morris stock costs EUR 166.99 on October 5, 2026 after EUR 166.84.

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Philip Morris International (ISIN US7181721090) was trading at EUR 166.99 at Lang & Schwarz on October 5, 2026 at 10:36 a.m. CEST. The company raised its quarterly dividend to USD 1.60 per share from USD 1.47 on September 18, 2026, while 10 analysts rated Philip Morris stock Buy and two rated it Hold in a September 23, 2026 report.

Dividend rises to USD 1.60

According to Business Wire on September 18, 2026, Philip Morris increased the quarterly payout by 8.80 percent, lifting the annualized dividend to USD 6.40 per share. The USD 1.60 payment is scheduled for October 26, 2026, to shareholders of record on October 2, 2026.

The dividend decision gives the stock an income angle as the company continues shifting its portfolio toward smoke-free products. PMI said smoke-free products represented 42 percent of total revenue in the second quarter of 2026, and its products were available in more than 105 markets, according to the same company release.

Revenue growth supports earnings

In the second quarter of 2026, Philip Morris reported USD 11.19 billion in revenue, up 10.40 percent from the prior-year quarter. ScanX reported that adjusted earnings per share rose 15.00 percent to USD 2.20, with organic net revenue growth of 7.60 percent.

The comparison matters because the reported quarter combined operating growth with higher investment planned for the second half of fiscal year 2026. PMI maintained full-year organic net revenue growth guidance of 5.00 percent to 7.00 percent and organic operating income growth guidance of 7.00 percent to 9.00 percent, according to ScanX.

Analyst targets remain higher

MarketBeat reported on September 23, 2026 that UBS raised its price target from USD 182.00 to USD 193.00 while maintaining a Neutral rating. The report also counted 10 Buy ratings and two Hold ratings, with an average target of USD 207.11.

The next scheduled quarterly earnings announcement is October 21, 2026, before the market opens, according to MarketBeat. That date will put the sustainability of smoke-free growth and the cost of U.S. ZYN investment at the center of the next earnings review.

Philip Morris stock stays near its range

Philip Morris stock was trading at EUR 166.99 at Lang & Schwarz on October 5, 2026 at 10:36 a.m. CEST, up 0.09 percent versus the prior close of EUR 166.84 at Lang & Schwarz on October 2, 2026. The primary listing is on the NYSE, where the finance quote showed USD 187.46 on October 2, 2026, with a 52-week range of USD 142.11 to USD 207.76 and market capitalization of USD 292.2 billion.

The further course of trading is shown by the continuously updated real-time quote of Philip Morris stock.