PM Ex-Dividend Date & Dividend Calculator

Philip Morris International Inc (PM) is a high-yield quarterly name at a dividend yield of 3.1%. A stable business base and free cash flow (FCF) are what sustain a high payout, and an excessively high payout ratio carries dividend-cut risk.

When investing in high-yield names, check dividend safety (a dividend safety score) and the last 5 years of payment history, not just the headline yield. See the complete dividend-types guide and DCA vs. lump-sum investing.

Product structure — PM (a consumer-staples company selling tobacco brands outside the US) is classified under high yield. It's classified as an individual high-yield name — unlike an ETF, its board decides and announces the dividend amount each quarter directly.

Payout mechanics — PM pays quarterly at 3.1% (as of 2026.10.18); payments has stayed fairly steady payment to payment (variability score 0.06). PM falls under the variable-dividend cutoff, making it relatively more predictable. The per-payment amount is about $1.6000, paid roughly 4 times a year. This figure is recalculated every period, so it isn't guaranteed to hold going forward — it's a reference point based on past payment history. If you're holding or considering PM, treat this $1.6000 per-payment figure as a reference point rather than a buy/hold signal — not a conclusion from one snapshot.

Risk to watch — Behind a high yield there's frequently a payout-ratio or industry-structure reason — don't judge on the number alone. Treat 2027-01-08 as a working estimate, not a locked-in date — it's derived from the spacing of past payments, nothing more. See the complete dividend-types guide and the high-yield ETF tax guide, then check the 5-year simulator. When making decisions about PM, it's safer to treat the $1.6000 figure above as one reference among several rather than the sole basis.

Summary — Philip Morris International Inc pays $1.6000 per quarterly period. At 4 payments a year that annualizes to roughly $6.40, a simple projection that assumes no change to the current payment. On the stability side, PM falls under the variable-dividend cutoff, making it relatively more predictable. It's also worth factoring in that payments has stayed fairly steady payment to payment (variability score 0.06) period to period. Every figure on this page is a snapshot as of now and may change at the next refresh. None of this replaces doing your own homework on PM — the $1.6000 figure is a starting point, not the final word.