Philip Morris International raises quarterly dividend 8.8% to $1.60 per share
Philip Morris International's Board increased the regular quarterly dividend by 8.8%, from $1.47 to $1.60 per share, an annualized rate of $6.40. The dividend is payable October 26, 2026, to shareholders of record as of October 2, 2026, which is also the ex-dividend date. The company says it has raised its annual dividend every year since becoming a public company in 2008.
Key points
- New quarterly dividend of $1.60 per share, up from $1.47 per share, an increase of 8.8%
- Annualized dividend rate of $6.40 per share
- Payable October 26, 2026; record and ex-dividend date October 2, 2026
- Total dividend increase of 248% since 2008, a compound annual growth rate of 7.2%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 18, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.