Philip Morris International Inc. (NYSE: PM) has declared a regular quarterly dividend of $1.47 per common share, payable on April 13, 2026. This dividend is consistent with the previous period, indicating stability in the company's dividend policy.
Philip Morris International is actively pursuing a smoke-free future and has evolved its portfolio to include products outside of the tobacco and nicotine sector. The company's smoke-free products, including heat-not-burn, nicotine pouch, and e-vapor products, are gaining traction. As of December 31, 2025, these products were used by over 43 million legal-age consumers globally, accounting for 41.5% of the company's full year 2025 total net revenues.
Since 2008, Philip Morris International has invested over $16 billion in developing and commercializing innovative smoke-free products, with the aim of completely ending the sale of cigarettes. Notably, the U.S. Food and Drug Administration has authorized the marketing of Swedish Match's general snus and zyn nicotine pouches, as well as versions of Philip Morris International's IQOS devices and consumables.
The market has reacted to these announcements by moving the company's shares 0.61% to a price of $173.62. Check out the company's full 8-K submission here.
