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Philip Morris Announces Regular Quarterly Dividend
Company Announcements

Philip Morris Announces Regular Quarterly Dividend

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Philip Morris ( (PM) ) has provided an announcement.

On December 12, 2024, Philip Morris International announced a regular quarterly dividend of $1.35 per common share, payable on January 13, 2025, highlighting its steady financial performance. This announcement reflects PMI’s strong market positioning and commitment to shareholders as it continues to expand its smoke-free product offerings and invest in innovative solutions for a healthier future.

More about Philip Morris

Philip Morris International (PMI) is a leading international tobacco company focused on creating a smoke-free future. The company has diversified beyond traditional tobacco products, investing over $12.5 billion since 2008 in developing smoke-free alternatives and expanding its portfolio into wellness and healthcare. PMI’s smoke-free products, such as IQOS and ZYN, are marketed in 90 countries, with these products accounting for about 38% of PMI’s net revenues in the first nine months of 2024.

YTD Price Performance: 40.01%

Average Trading Volume: 5,486,593

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $197.2B

For a thorough assessment of PM stock, go to TipRanks’ Stock Analysis page.

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