Philip Morris raises dividend to USD 1.60: Philip Morris stock yields 3.20%
Published on 10/13/2026 at 11:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Philip Morris raised its quarterly dividend by 8.80 percent to USD 1.60 on September 18, 2026.
- Second-quarter revenue rose 10.40 percent year over year to USD 11.19 billion.
- The Lang & Schwarz quote was EUR 181.41 on October 13, 2026 at 11:23 a.m. CEST.
- Philip Morris is scheduled to report third-quarter 2026 results on October 20, 2026.
Philip Morris raised its quarterly dividend by 8.80 percent from USD 1.47 to USD 1.60 per share on September 18, 2026, and Philip Morris stock carries a 3.20 percent dividend yield, according to Philip Morris and MarketBeat. The annualized payout is USD 6.40 per share, with payment scheduled for October 26, 2026.
Three dated operating signals
On July 22, 2026, Philip Morris reported second-quarter revenue of USD 11.19 billion, up 10.40 percent year over year, while earnings per share reached USD 2.20 versus USD 2.05 consensus, according to MarketBeat. On September 18, 2026, the company increased the quarterly dividend to USD 1.60, up from USD 1.47, per the Philip Morris release.
On October 20, 2026, Philip Morris is scheduled to report third-quarter results; analysts expect earnings per share of USD 2.34, up 4.46 percent from USD 2.24 a year earlier, according to Barchart.
What does the dividend signal mean?
The payout decision sits alongside a measurable shift in the business mix. Philip Morris said smoke-free products represented 42.00 percent of second-quarter net revenue, while its products were available in more than 105 markets and used by more than 43 million legal-age consumers as of December 31, 2025.
For investors, the key operating test is whether smoke-free growth can continue to support both earnings and cash returns. The second-quarter revenue increase of 10.40 percent provides a concrete benchmark, while the 8.80 percent dividend increase raises the annualized payment to USD 6.40 per share.
EUR quote and upcoming dates
Philip Morris International trades on the NYSE under ticker PM. The stock was trading at EUR 181.41 at Lang & Schwarz on October 13, 2026 at 11:23 a.m. CEST. The company is scheduled to report third-quarter 2026 results on October 20, 2026, followed by the USD 1.60 dividend payment on October 26, 2026.
The further course of trading is shown by the continuously updated real-time quote of Philip Morris stock.
Philip Morris market and company facts
- Company: Philip Morris International Inc.
- ISIN: US7181721090
- Ticker: PM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 11:23 a.m. CEST): EUR 181.41
- Market capitalization: USD 314.8 billion (as of October 13, 2026)
- 52-week range: USD 142.11-207.76 (as of October 9, 2026)
- Sector / Industry: Consumer Defensive / Tobacco
- Next earnings date: October 20, 2026
Market context: Market report S&P 500.
