Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Philip Morris International (PM) — Dividend Profile
Health Care·Medicinal Chemicals and Botanical Products
11y payment streakActiveQuarterly
Forward Yield
3.36%
@ $174.99
TTM Yield
2.45%
Forward Annual
$5.88
Quarterly
Market Cap
$274.2b
Payout (FCF)
83%
1.2x covered
Payout (Earnings)
80%
Latest Amount
$1.4700
Ex 2026-03-19
3y CAGR
-34.1%
5y CAGR
-21.4%
10y CAGR
-3.3%
Next Ex-Date
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Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WatchYield Trap: Green1 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Safe (6.88)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (53.9%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
6/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Watch
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
1.21×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +17.8%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 24 settled events.
Median Ex-Date Drop
-1.81%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
96%
23 of 24 events recovered within 90 days
Median Recovery Time
8 days
6 – 26 days IQR
Avg Capture Yield
1.27%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (38)
Ex-Date▼AmountFrequencyPay DateType
2026-03-19$1.4700Quarterly2026-04-13recurring
2025-10-03$1.4700Quarterly2025-10-20recurring
2025-06-27$1.3500Quarterly2025-07-15recurring
2025-03-20$1.3500Quarterly2025-04-10recurring
2024-12-26$1.3500Quarterly2025-01-13recurring
2024-09-26$1.3500Quarterly2024-10-10recurring
2024-06-21$1.3000Quarterly2024-07-08recurring
2024-03-20$1.3000Quarterly2024-04-09recurring
2023-12-20$1.3000Quarterly2024-01-10recurring
2023-09-26$1.3000Quarterly2023-10-12recurring
2023-06-22$1.2700Quarterly2023-07-11recurring
2023-03-22$1.2700Quarterly2023-04-11recurring
2022-12-21$1.2700Quarterly2023-01-11recurring
2022-09-27$1.2700Quarterly2022-10-12recurring
2022-06-30$1.2500Quarterly2022-07-15recurring
2022-03-23$1.2500Quarterly2022-04-12recurring
2021-12-22$1.2500Quarterly2022-01-10recurring
2021-09-28$1.2500Quarterly2021-10-14recurring
2021-06-24$1.2000Quarterly2021-07-12recurring
2021-03-19$1.2000Quarterly2021-04-09recurring
2020-12-22$1.2000Quarterly2021-01-11recurring
2020-09-23$1.2000Quarterly2020-10-13recurring
2020-06-19$1.1700Quarterly2020-07-10recurring
2020-03-20$1.1700Quarterly2020-04-09recurring
2019-12-18$1.1700Quarterly2020-01-10recurring
2019-09-24$1.1700Quarterly2019-10-11recurring
2019-06-20$1.1400Quarterly2019-07-10recurring
2019-03-25$1.1400Quarterly2019-04-11recurring
2018-12-19$1.1400Quarterly2019-01-11recurring
2018-09-25$1.1400Quarterly2018-10-12recurring
2018-06-21$1.1400Quarterly2018-07-11recurring
2018-03-21$1.0700Quarterly2018-04-11recurring
2017-12-20$1.0700Quarterly2018-01-11recurring
2017-09-26$1.0700Quarterly2017-10-12recurring
2017-06-21$1.0400Quarterly2017-07-11recurring
2017-03-21$1.0400Quarterly2017-04-11recurring
2016-12-20$1.0400Quarterly2017-01-10recurring
2016-06-21$1.0200Quarterly2016-07-11recurring
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