By the end of today, January 10, 2024, Philip Morris Intl PM is set to deliver a dividend payout of $1.30 per share, equating to an annualized dividend yield of 5.71%. Shareholders who owned the stock prior to the ex-dividend date on December 20, 2023 will receive this payout.
Philip Morris Intl Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-20 | 4 | $1.3 | 5.71% | 2023-12-07 | 2023-12-21 | 2024-01-10 |
| 2023-09-26 | 4 | $1.3 | 5.51% | 2023-09-13 | 2023-09-27 | 2023-10-12 |
| 2023-06-22 | 4 | $1.27 | 5.51% | 2023-06-09 | 2023-06-23 | 2023-07-11 |
| 2023-03-22 | 4 | $1.27 | 5.09% | 2023-03-09 | 2023-03-23 | 2023-04-11 |
| 2022-12-21 | 4 | $1.27 | 4.99% | 2022-12-08 | 2022-12-22 | 2023-01-11 |
| 2022-09-27 | 4 | $1.27 | 5.4% | 2022-09-14 | 2022-09-28 | 2022-10-12 |
| 2022-06-30 | 4 | $1.25 | 5.09% | 2022-06-17 | 2022-07-01 | 2022-07-15 |
| 2022-03-23 | 4 | $1.25 | 5.33% | 2022-03-10 | 2022-03-24 | 2022-04-12 |
| 2021-12-22 | 4 | $1.25 | 5.56% | 2021-12-09 | 2021-12-23 | 2022-01-10 |
| 2021-09-28 | 4 | $1.25 | 4.9% | 2021-09-15 | 2021-09-29 | 2021-10-14 |
| 2021-06-24 | 4 | $1.2 | 4.92% | 2021-06-11 | 2021-06-25 | 2021-07-12 |
| 2021-03-19 | 4 | $1.2 | 5.64% | 2021-03-04 | 2021-03-22 | 2021-04-09 |
When comparing Philip Morris Intl's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Altria Group MO having the highest annualized dividend yield at 9.36%.
Analyzing Philip Morris Intl Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $4.74 to $5.14, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Philip Morris Intl
From 2020 to 2023, Philip Morris Intl experienced a growth in earnings per share, with an increase from $5.14 to $6.04. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
In this article, we delve into Philip Morris Intl's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $1.30 per share today, resulting in an annualized dividend yield of 5.71%.
When comparing Philip Morris Intl's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Altria Group having the highest annualized dividend yield at 9.36%.
The increase in both dividend per share and earnings per share from 2020 to 2023 for Philip Morris Intl indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
