During the past 12 months, Philip Morris International's average Dividends Per Share Growth Rate was 7.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 3.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% per year.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Philip Morris International (MEX:PM) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Philip Morris International Forward Dividend Yield % Related Terms
MEX:PM vs MO, TPB, UVV: Forward Dividend Yield % Comparison
For the Tobacco subindustry, Philip Morris International's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Philip Morris International's Forward Dividend Yield % falls into.
Philip Morris International Forward Dividend Yield % Calculation
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 1.470000
2026-06-25
2026-06-25
2026-07-20
Cash Dividend
quarterly
USD:MXN 17.506800
USD 1.470000
2026-03-19
2026-03-19
2026-04-13
Cash Dividend
quarterly
USD:MXN 17.770000
USD 1.470000
2025-12-26
2025-12-26
2026-01-14
Cash Dividend
quarterly
USD:MXN 18.070800
USD 1.470000
2025-10-03
2025-10-03
2025-10-20
Cash Dividend
quarterly
USD:MXN 18.424600
USD 1.350000
2025-06-27
2025-06-27
2025-07-15
Cash Dividend
quarterly
USD:MXN 19.020300
* 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.
* 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.
What does a Forward Dividend Yield % of 3.27% mean?
Philip Morris International (MEX:PM) has a Forward Dividend Yield % of 3.27% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Philip Morris International and its competitors. According to the industry distribution chart, Philip Morris International ranks #26 out of 32 companies in the Tobacco Products industry, placing it in the top 81.2%.
Is Philip Morris International's Forward Dividend Yield % too high?
Philip Morris International's current Forward Dividend Yield % is 3.27%. The Tobacco Products industry median Forward Dividend Yield % is 5.55. Philip Morris International's value of 3.27% is 41% below this industry median. Based on the distribution chart, Philip Morris International ranks #26 out of 32 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Philip Morris International has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's Forward Dividend Yield % compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #26 out of 32 companies for Forward Dividend Yield %. This places Philip Morris International in the lower half of its industry. The industry median Forward Dividend Yield % is 5.55. Philip Morris International's value of 3.27% is 41% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Tobacco Products company?
The median Forward Dividend Yield % among Tobacco Products companies is 5.55, based on 32 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris International's current Forward Dividend Yield % of 3.27% is 41% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Philip Morris International and its competitors. For the Tobacco Products industry, the median Forward Dividend Yield % is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris International's current Forward Dividend Yield % is 3.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris International stock overvalued right now?
Based on GuruFocus' analysis, Philip Morris International (MEX:PM) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,509.10, compared to a current price of MXN3,138.00 — trading 25.1% above its estimated fair value. The current Forward Dividend Yield % is 3.27% and 41% below the Tobacco Products industry median of 5.55. Philip Morris International's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Philip Morris International (MEX:PM), the current Forward Dividend Yield % is 3.27% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Philip Morris International (MEX:PM) Overvalued in 2026?
Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued.
The current stock price of MXN3,138.00 is trading 25.1% above its estimated GF Value™ of MXN2,509.10.
GuruFocus considers Philip Morris International to be Modestly Overvalued.
Key valuation signals for MEX:PM:
Forward Dividend Yield %: 3.27%
GF Value™: MXN2,509.10 vs. price of MXN3,138.00 (25.1% above fair value)
Industry Position: 41% below the Tobacco Products median (#26 of 32)
No single metric tells the full story. See the MEX:PM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets. It also owns the Veev brand in vapes.
75GF Score
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