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Philip Morris International (LTS:0M8V) Dividend Yield %

: 5.36% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Philip Morris International is 5.36%.

Good Sign:

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

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

LTS:0M8V' s Dividend Yield % Range Over the Past 10 Years
Min: 3.4   Med: 4.92   Max: 7.56
Current: 5.36

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%.

LTS:0M8V's Dividend Yield % is ranked worse than
57.58% of 33 companies
in the Tobacco Products industry
Industry Median: 6 vs LTS:0M8V: 5.36

Philip Morris International's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.92.

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.

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.

As of today (2024-04-19), the Forward Dividend Yield % of Philip Morris International is 5.39%.

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

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.

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 Dividend Yield % Historical Data

The historical data trend for Philip Morris International's Dividend Yield % 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.

* Premium members only.

Philip Morris International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.36 5.77 5.08 5.22 5.33

Philip Morris International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.22 5.24 5.26 5.30 5.33

Competitive Comparison

For the Tobacco subindustry, Philip Morris International's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution

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

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



Philip Morris International 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 1.3002024-03-202024-03-212024-04-09Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.17/96.50
=5.36 %

Current Share Price is $96.50.
Philip Morris International's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.17.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.2/96.50
=5.39 %

Current Share Price is $96.50.
Philip Morris International's Dividends per Share for the forward twelve months is calculated as $1.3 * 4 = $5.2.

* 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  (LTS:0M8V) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Philip Morris International Dividend Yield % Related Terms

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Philip Morris International (LTS:0M8V) 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.

Philip Morris International (LTS:0M8V) Headlines

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