Philip Morris International (XSWX:PMI) 3-Year Dividend Growth Rate: 3.80% (As of Jun. 2026) — Near Median

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XSWX:PMI Philip Morris International Inc XSWX:PMI
87 GF Score
Price CHF149.00
GF Value CHF127.75
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Philip Morris International 3-Year Dividend Growth Rate?

Philip Morris International XSWX:PMI +0.68% 87 3-Year Dividend Growth Rate is 3.80% as of Jun. 2026, which is 3% below its 10-year median of 3.90. GuruFocus rates XSWX:PMI with a GF Score™ of 87/100 and a GF Value™ of CHF127.75 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 26 Tobacco Products companies, Philip Morris International ranks worse than 53.85% on this metric.

Philip Morris International's Dividends per Share for the three months ended in Jun. 2026 was CHF1.18.

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

XSWX:PMI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.7   Med: 3.9   Max: 22.3
Current: 3.8

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.

XSWX:PMI's 3-Year Dividend Growth Rate is ranked worse than
53.85% of 26 companies
in the Tobacco Products industry
Industry Median: 4 vs XSWX:PMI: 3.80

During the past 12 months, Philip Morris International's average Dividends Per Share Growth Rate was 8.90% 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. 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 Jun. 2026 was 0.67. As of today, Philip Morris International's Dividend Yield % is 3.17%.

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 0.73, which seems too high.

Warning Sign:

Philip Morris International Inc stock Dividend Yield % is close to 10-year low.

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


Philip Morris International  (XSWX:PMI) 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 Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=1.175/ 1.758
=0.67

During the past 13 years, the highest Dividend Payout Ratio of Philip Morris International was 0.96. The lowest was 0.73. And the median was 0.89.

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 0.73, 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 1.4700002026-06-252026-06-252026-07-20Cash DividendquarterlyUSD:CHF 0.808200
USD 1.4700002026-03-192026-03-192026-04-13Cash DividendquarterlyUSD:CHF 0.802700
USD 1.4700002025-12-292025-12-262026-01-14Cash DividendquarterlyUSD:CHF 0.793600
USD 1.4700002025-10-032025-10-032025-10-20Cash DividendquarterlyUSD:CHF 0.802700

* 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
=4.714584/149.00
=3.16 %

Current Share Price is CHF149.00.
Philip Morris International's Dividends per Share for the trailing twelve months (TTM) ended in Today is CHF4.714584.

During the past 13 years, the highest Dividend Yield of Philip Morris International was 7.56%. The lowest was 2.90%. And the median was 5.01%.

Warning Sign:

Philip Morris International Inc stock Dividend Yield % is close to 10-year low.

* 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>


XSWX:PMI vs MO, TPB, AIIR: 3-Year Dividend Growth Rate 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 vs Tobacco Products Industry

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.


XSWX:PMI
87GF Score
Philip Morris International Inc XSWX:PMI
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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.

What does a 3-Year Dividend Growth Rate of 3.80% mean?
Philip Morris International (XSWX:PMI) has a 3-Year Dividend Growth Rate of 3.80% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Philip Morris International and its competitors. This is near median its historical median of 3.90. Over the past decade, Philip Morris International's 3-Year Dividend Growth Rate has ranged from 2.70 to 22.30. According to the industry distribution chart, Philip Morris International ranks #14 out of 26 companies in the Tobacco Products industry, placing it in the top 53.8%.
Is Philip Morris International's 3-Year Dividend Growth Rate too high?
Philip Morris International's current 3-Year Dividend Growth Rate of 3.80% is near median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 22.30. The Tobacco Products industry median 3-Year Dividend Growth Rate is 4.00. Philip Morris International's value of 3.80% is 5% below this industry median. Based on the distribution chart, Philip Morris International ranks #14 out of 26 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Philip Morris International has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's 3-Year Dividend Growth Rate compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #14 out of 26 companies for 3-Year Dividend Growth Rate. This places Philip Morris International in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 4.00. Philip Morris International's value of 3.80% is 5% below this benchmark. Historically, Philip Morris International's own 3-Year Dividend Growth Rate has ranged from 2.70 to 22.30 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 4.00, Philip Morris International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Tobacco Products company?
The median 3-Year Dividend Growth Rate among Tobacco Products companies is 4.00, based on 26 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris International's current 3-Year Dividend Growth Rate of 3.80% is 5% 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Philip Morris International and its competitors. For the Tobacco Products industry, the median 3-Year Dividend Growth Rate is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris International's current 3-Year Dividend Growth Rate is 3.80%, which is near median its own 10-year median of 3.90. 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 (XSWX:PMI) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF127.75, compared to a current price of CHF149.00 — trading 16.6% above its estimated fair value. The current 3-Year Dividend Growth Rate is 3.80%, which is near median its 10-year median of 3.90 and 5% below the Tobacco Products industry median of 4.00. Philip Morris International's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Philip Morris International (XSWX:PMI), the current 3-Year Dividend Growth Rate is 3.80% as of Jun. 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 (XSWX:PMI) Overvalued in 2026?

Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued. The current stock price of CHF149.00 is trading 16.6% above its estimated GF Value™ of CHF127.75. GuruFocus considers Philip Morris International to be Modestly Overvalued.

Key valuation signals for XSWX:PMI:

  • 3-Year Dividend Growth Rate: 3.80% (near median its 10-year median of 3.90)
  • GF Value™: CHF127.75 vs. price of CHF149.00 (16.6% above fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 5% below the Tobacco Products median (#14 of 26)

No single metric tells the full story. See the XSWX:PMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Philip Morris International Business Description

Address 677 Washington Boulevard, Suite 1100, Stamford, CT, USA, 06901
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.
87GF Score

Get the complete analysis for XSWX:PMI

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF149.00
Price
CHF127.75
GF Value