PM – Dividend Returns, History & Calculator

Dividend Contender 17 Years

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters

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Company Info

Symbol PM
Company Philip Morris International Inc
Sector Consumer Defensive
Industry Tobacco
Website Visit
Market Cap $257,071.8M

Price Data

Price $164.95
Price Change +1.41
Price Change % +0.86%
Next Earnings Report Apr 22, 2026
Low (52W) $142.11
High (52W) $191.30

Dividend Data

Div Yield 3.56%
5Y Avg Yield 4.43%
Current Div $1.470
Payouts/Year 4
Annualized $5.880
Previous Div $1.470
Ex-date Mar 19, 2026
Dividend Pay Date Apr 13, 2026

Growth Rates

Chowder Number 7.4
DGR 1Y 7.7%
DGR 3Y 4.4%
DGR 5Y 3.8%
DGR 10Y 3.6%

Total Returns

TTR 1Y - With Specials 13.9%
TTR 3Y - With Specials 26.4%
TTR 1Y - No Specials 13.9%
TTR 3Y - No Specials 26.4%

Fair Value

Fair Value (P/E 10) $103.40
FV (P/E 10) % 60.0%
Fair Value (Peter Lynch) $64.61
FV (Peter Lynch) % 155.0%
Fair Value (Blended) $117.21
FV (Blended) % 41.0%

Financial Metrics

Revenue 1Y 7.3%
NPM 27.9%
CF/Share $7.85
Current R 1.0x
Debt/Capital 1.3%
ROTC 36.5%
P/E 22.7x
PEG 2.55
📊 Financial data last updated: March 30, 2026 3:05 pm (Data may be stale)

Calculate your PM Dividend Returns

Quickly and easily calculate PM dividend yield using our PM calculator. Adjust the fields below to see how your PM investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: April 11, 2026 10:36 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,00062$160.45$1.473.66%3.66%$399$39972$11,599
2$12,15472$168.12$1.523.63%3.80%$474$87482$13,828
3$14,48982$176.16$1.583.59%3.94%$555$1,42892$16,244
4$17,02092$184.58$1.643.55%4.09%$640$2,068102$18,860
5$19,762102$193.40$1.703.52%4.24%$731$2,799112$21,693
6$22,730112$202.65$1.763.48%4.40%$829$3,628122$24,759
7$25,942122$212.33$1.833.45%4.56%$932$4,560132$28,075
8$29,417132$222.48$1.903.41%4.73%$1,043$5,603142$31,659
9$33,173142$233.12$1.973.38%4.91%$1,161$6,764152$35,534
10$37,232152$244.26$2.043.34%5.09%$1,286$8,050163$39,719

PM Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
03/19/202603/19/2026$1.473.53%3.60%$163.37
12/26/202512/26/2025$1.473.50%3.65%$161.05
10/03/202510/03/2025$1.473.60%3.84%$153.27
06/27/202506/27/2025$1.352.98%2.98%$181.03
03/20/202503/20/2025$1.353.51%3.54%$152.47
12/26/202412/26/2024$1.354.35%4.44%$121.71
09/26/202409/26/2024$1.354.34%4.47%$120.85
06/21/202406/21/2024$1.305.20%5.20%$99.92
03/20/202403/20/2024$1.305.52%5.55%$93.64
12/20/202312/20/2023$1.305.59%5.65%$91.99
09/26/202309/26/2023$1.305.61%5.71%$91.07
06/22/202306/22/2023$1.275.31%5.31%$95.69
03/22/202303/22/2023$1.275.48%5.50%$92.37
12/21/202212/21/2022$1.275.01%5.05%$100.52
09/27/202209/27/2022$1.275.77%5.84%$87.02
06/30/202206/30/2022$1.255.06%5.06%$98.74
03/23/202203/23/2022$1.255.42%5.48%$91.25
12/22/202112/22/2021$1.255.27%5.38%$92.91
09/28/202109/28/2021$1.254.93%5.08%$98.42
06/24/202106/24/2021$1.204.85%4.85%$99.03
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Invest in PM with Interactive Brokers

PM 10-yr Total Return ($10,000 invested)

This analysis of PM demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 10.6% CAGR, representing strong long-term performance. Recent 5-year performance has been particularly strong at 18.7% annually, outpacing the 10-year average. The DRIP strategy provided 20% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (PM)

Over the selected period, investing $10,000 in PM would grow to $49,940 with DRIP (399.4%), and $34,151 without DRIP (241.5%).

PM Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in PM with historic price growth (4.78%) and dividend growth (3.72%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $106,961

Annual Dividend: $3,200

Yield on Cost: 9.41%

Total Dividends: $29,362

No DRIP

Portfolio: $86,444

Total Dividends: $21,231

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $243,132

Annual Dividend: $6,571

Yield on Cost: 14.28%

Total Dividends: $75,582

No DRIP

Portfolio: $165,678

Total Dividends: $46,332

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $12,574 against a total investment of $25,600. At this point, your portfolio is throwing off $1,795 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $2,523, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $29,362 versus $34,000 invested, nearly a 86% recovery of capital purely from income. Yield on cost reaches 9.41%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $4,637 is greater than total contributions to date ($40,000), and cumulative dividends exceed $48,375.

By year 30, the DRIP snowball is in full force. Yearly income reaches $6,571, cumulative dividends total $75,582, and the DRIP portfolio value stands at $243,132, compared with $165,678 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for PM, price $160.45, dividend per period $1.47 (4x/year), along with historic growth assumptions: price growth 4.78% and dividend growth 3.72% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for PM

Based on past 10-year performance, here are PM growth metrics:

Share price CAGR of +8.02%
Dividend CAGR of +3.56%

Using PM CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

PM (DRIP)PM (No DRIP)
Current Price$165.34$165.34
Start Shares60.4860.48
Start Value$10,000$10,000
After 10 years:
Final Share Count80.0360.48
Dividends Payment$8.34$8.34
Annual Dividends$652$505
Yield on cost6.52%5.05%
Share Price$357.53$357.53
Total Dividends$5,019$4,332
Final Value$28,614$25,956

Estimated Future Value + Dividends – PM

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

PM Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
03/19/202603/19/2026$1.473.53%3.60%$163.37
12/26/202512/26/2025$1.473.50%3.65%$161.05
10/03/202510/03/2025$1.473.60%3.84%$153.27
06/27/202506/27/2025$1.352.98%2.98%$181.03
03/20/202503/20/2025$1.353.51%3.54%$152.47
12/26/202412/26/2024$1.354.35%4.44%$121.71
09/26/202409/26/2024$1.354.34%4.47%$120.85
06/21/202406/21/2024$1.305.20%5.20%$99.92
03/20/202403/20/2024$1.305.52%5.55%$93.64
12/20/202312/20/2023$1.305.59%5.65%$91.99
09/26/202309/26/2023$1.305.61%5.71%$91.07
06/22/202306/22/2023$1.275.31%5.31%$95.69
03/22/202303/22/2023$1.275.48%5.50%$92.37
12/21/202212/21/2022$1.275.01%5.05%$100.52
09/27/202209/27/2022$1.275.77%5.84%$87.02
06/30/202206/30/2022$1.255.06%5.06%$98.74
03/23/202203/23/2022$1.255.42%5.48%$91.25
12/22/202112/22/2021$1.255.27%5.38%$92.91
09/28/202109/28/2021$1.254.93%5.08%$98.42
06/24/202106/24/2021$1.204.85%4.85%$99.03
03/19/202103/19/2021$1.205.34%5.38%$89.25
12/22/202012/22/2020$1.205.77%5.84%$82.19
09/23/202009/23/2020$1.206.24%6.36%$75.50
06/19/202006/19/2020$1.176.48%6.48%$72.20
03/20/202003/20/2020$1.177.61%7.66%$61.09
12/18/201912/18/2019$1.175.39%5.46%$85.70
09/24/201909/24/2019$1.176.41%6.54%$71.56
06/20/201906/20/2019$1.145.91%5.91%$77.18
03/25/201903/25/2019$1.145.17%5.17%$88.27
12/19/201812/19/2018$1.146.23%6.33%$72.04
09/25/201809/25/2018$1.145.53%5.71%$79.91
06/21/201806/21/2018$1.145.47%5.74%$79.47
03/21/201803/21/2018$1.074.35%4.38%$97.75
12/20/201712/20/2017$1.074.04%4.10%$104.37
09/26/201709/26/2017$1.073.73%3.81%$112.21
06/21/201706/21/2017$1.043.46%3.46%$120.19
03/21/201703/21/2017$1.043.65%3.67%$113.49
12/20/201612/20/2016$1.044.54%4.59%$90.70
09/26/201609/26/2016$1.044.14%4.20%$99.14
06/21/201606/21/2016$1.024.05%4.05%$100.85
03/22/201603/22/2016$1.024.20%4.22%$96.74
12/21/201512/21/2015$1.024.66%4.71%$86.62
09/28/201509/28/2015$1.025.09%5.17%$78.91
06/23/201506/23/2015$1.004.92%4.92%$81.36
03/24/201503/24/2015$1.005.08%5.16%$77.53
12/22/201412/22/2014$1.004.68%4.82%$82.97
09/23/201409/23/2014$1.004.57%4.78%$83.66
06/24/201406/24/2014$0.9404.21%4.21%$89.37
03/25/201403/25/2014$0.9404.58%4.69%$80.20
12/23/201312/23/2013$0.9404.20%4.41%$85.25
09/24/201309/24/2013$0.9403.12%4.30%$87.41
06/25/201306/25/2013$0.8502.11%3.93%$86.50
03/26/201303/26/2013$0.8501.99%3.71%$91.76
12/24/201212/24/2012$0.0852.08%0.41%$83.74
12/20/201212/20/2012$0.0392.84%0.18%$85.50
09/25/201209/25/2012$0.8503.51%3.77%$90.08
06/25/201206/25/2012$0.7703.67%3.67%$83.99
03/27/201203/27/2012$0.7703.37%3.52%$87.52
12/20/201112/20/2011$0.7703.68%4.02%$76.70
09/23/201109/23/2011$0.7704.22%4.83%$63.81
06/21/201106/21/2011$0.6403.76%3.76%$68.05
03/22/201103/22/2011$0.6403.95%4.04%$63.34
12/21/201012/21/2010$0.6404.17%4.38%$58.48
09/22/201009/22/2010$0.6404.31%4.64%$55.19
06/22/201006/22/2010$0.5805.16%5.16%$44.99
03/23/201003/23/2010$0.5804.35%4.42%$52.44
12/23/200912/23/2009$0.5804.59%4.75%$48.80
09/24/200909/24/2009$0.5804.56%4.80%$48.29
06/22/200906/22/2009$0.5405.19%5.19%$41.58
03/23/200903/23/2009$0.5405.46%5.67%$38.12
12/23/200812/23/2008$0.5403.69%5.18%$41.73
09/11/200809/11/2008$0.5401.82%3.94%$54.81
06/26/200806/26/2008$0.4600.92%3.67%$50.15
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

PM Price

Price to Earnings

PM trades at a 114.6x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

PM trades at a 23.7x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

PM generated $10.4B in revenue. Revenue has grown by 30% over the period.

Net Income

PM reported $2.1B in net income.

Revenue vs Net Income

PM generated $10.4B in revenue with net income of $2.1B, representing a 20.7% net profit margin.

Gross Profit

PM achieved $8.1B in gross profit, showing revenue after direct production costs.

Operating Income

PM generated $3.6B in operating income, representing profit from core business operations.

EBITDA

PM generated $4.2B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

PM generated $2.5B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

PM generated $2.1B in free cash flow.

Free Cash Flow / Share

PM generates $1.35 in free cash flow per share.

Earnings Per Share (EPS)

PM reported $1.37 in earnings per share.

Return on Equity (ROE)

PM delivered a 17.2% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

PM achieved a 10.3% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

PM maintains a 20.7% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

PM operates with a 78.0% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

PM holds $1.6B in cash against $0.5B in debt, resulting in a net cash position of $1.0B.

Shares Outstanding

PM has 1.6B shares outstanding.

Stock-Based Comp

PM reported $0.3B in stock-based compensation. Over the period, stock-based compensation has increased by 30%.

FCF vs Stock Based Comp

PM generated $2.1B in free cash flow while spending $0.3B on stock-based compensation, representing 12% of FCF.

FCF vs FCF / Share

PM reported $2.1B in free cash flow, translating to $1.35 per share.

Revenue: Actual + Estimates

This chart tracks PM revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks PM eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks PM net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks PM ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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