GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (NYSE:PM) » Definitions » 3-Year Dividend Growth Rate

Philip Morris International (Philip Morris International) 3-Year Dividend Growth Rate

: 2.70% (As of Dec. 2023)
View and export this data going back to 2008. Start your Free Trial

Philip Morris International's Dividends per Share for the three months ended in Dec. 2023 was $1.30.

The historical rank and industry rank for Philip Morris International's 3-Year Dividend Growth Rate or its related term are showing as below:

PM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.7   Med: 3.9   Max: 22.3
Current: 2.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Philip Morris International was 22.30% per year. The lowest was 2.70% per year. And the median was 3.90% per year.

PM's 3-Year Dividend Growth Rate is ranked worse than
57.14% of 21 companies
in the Tobacco Products industry
Industry Median: 3.1 vs PM: 2.70

During the past 12 months, Philip Morris International's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Philip Morris International's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.92. As of today, Philip Morris International's Dividend Yield % is 5.66%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Philip Morris International Inc is 0.90, which seems too high.

Good Sign:

Philip Morris International Inc stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Tobacco subindustry, Philip Morris International's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Philip Morris International 3-Year Dividend Growth Rate Distribution

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Philip Morris International's 3-Year Dividend Growth Rate falls into.



Philip Morris International 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Philip Morris International  (NYSE:PM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Philip Morris International's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.3/ 1.41
=0.92

During the past 13 years, the highest Dividend Payout Ratio of Philip Morris International was 1.00. The lowest was 0.77. And the median was 0.90.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Philip Morris International Inc is 0.90, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Philip Morris International Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3002024-03-202024-03-212024-04-09Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-12-202023-12-212024-01-10Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-09-262023-09-272023-10-12Cash DividendquarterlyUSD:USD 1.000000
USD 1.2702023-06-222023-06-232023-07-11Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Philip Morris International's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.17/91.20
=5.67 %

Current Share Price is $91.20.
Philip Morris International's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.17.

During the past 13 years, the highest Dividend Yield of Philip Morris International was 7.56%. The lowest was 3.40%. And the median was 4.92%.

Good Sign:

Philip Morris International Inc stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Philip Morris International 3-Year Dividend Growth Rate Related Terms>


Philip Morris International (Philip Morris International) Business Description

Address
677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901
Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the U.S. and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.
Executives
Wilde Frederic De officer: Sr. VP, Marketing & Sales 120 PARK AVENUE, NEW YORK NY 10017
Yann Guerin officer: SVP & Global Head of L&C 677 WASHINGTON BLVD., SUITE 1100, STAMFORD CT 06901
Werner Barth officer: Sr. VP, Marketing and Sales 120 PARK AVENUE, NEW YORK NY 10017
Lars Dahlgren officer: Pres. Smoke-Free Oral Products 677 WASHINGTON BLVD., STAMFORD CT 06896
Dessislava Temperley director C/O CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Reginaldo Dobrowolski officer: Vice President and Controller 677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901
Martin G. King officer: SVP Operations 120 PARK AVENUE, NEW YORK NY 10017
Paul Riley officer: Pres East Asia & Australia 120 PARK AVENUE, NEW YORK NY 10017
Drago Azinovic officer: Pres., European Union Region 120 PARK AVENUE, NEW YORK NY 10017
Mario Masseroli officer: Pres., Latin America & Canada 120 PARK AVENUE, NEW YORK NY 10017
Juan J. Daboub director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Shlomo Yanai director ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073
Stacey Kennedy officer: Pres. South & Southeast Asia 120 PARK AVENUE, NEW YORK NY 10017
Charles Bendotti officer: Senior VP, Human Resources 120 PARK AVENUE, NEW YORK NY 10017
Andre Calantzopoulos director, officer: President & CEO 677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901