Philip Morris International (MEX:PM) Dividend Payout Ratio : 0.69 (As of Sep. 2024)

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What is Philip Morris International Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Philip Morris International's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.69.

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 0.81, which seems too high.

The historical rank and industry rank for Philip Morris International's Dividend Payout Ratio or its related term are showing as below:

MEX:PM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.77 Med: 0.89 Max: 0.96
Current: 0.81

During the past 13 years, the highest Dividend Payout Ratio of Philip Morris International was 0.96. The lowest was 0.77. And the median was 0.89.

MEX:PM's Dividend Payout Ratio is ranked worse than
57.69% of 26 companies
in the Tobacco Products industry
Industry Median: 0.76 vs MEX:PM: 0.81

As of today (2024-12-15), the Dividend Yield % of Philip Morris International is 3.64%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Philip Morris International was 7.56%. The lowest was 3.40%. And the median was 5.04%.

Philip Morris International's Dividends per Share for the months ended in Sep. 2024 was MXN26.58.

During the past 12 months, Philip Morris International's average Dividends Per Share Growth Rate was 2.70% 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.

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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Philip Morris International Dividend Payout Ratio Historical Data

The historical data trend for Philip Morris International's Dividend Payout Ratio can be seen below:

* 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.

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Philip Morris International Dividend Payout Ratio Chart

Philip Morris International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.69

0.81

0.87

0.96

Philip Morris International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.99	0.92	0.87	0.82	0.69

Competitive Comparison of Philip Morris International's Dividend Payout Ratio

For the Tobacco subindustry, Philip Morris International's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Philip Morris International's Dividend Payout Ratio falls into.

Philip Morris International Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	87.248	/	90.851
	=	0.96

Philip Morris International's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	26.582	/	38.79
	=	0.69

Philip Morris International (MEX:PM) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Philip Morris International's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Philip Morris International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (MEX:PM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PM:USA 1PM:Italy 4I1:Germany 4I1:Germany 4I1:Germany PMI:Switzerland PHMO34:Brazil

Address

677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901

Website

https://www.pmi.com

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.