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An update from Philip Morris ( (PM) ) is now available.
On March 5, 2026, Philip Morris International Inc. announced that its board declared a regular quarterly dividend of $1.47 per common share, underscoring the group’s continued commitment to returning cash to shareholders. The dividend will be payable on April 13, 2026, to investors of record as of March 19, 2026, with the same date set as the ex-dividend date.
The move comes as Philip Morris advances its transition toward smoke-free products, which already account for a substantial share of its revenues and user base. Sustaining a robust dividend alongside heavy investment in reduced-risk and non-nicotine offerings highlights the company’s effort to balance shareholder returns with long-term portfolio transformation in the global nicotine and wellness markets.
The most recent analyst rating on (PM) stock is a Buy with a $210.00 price target. To see the full list of analyst forecasts on Philip Morris stock, see the PM Stock Forecast page.
Spark’s Take on PM Stock
According to Spark, TipRanks’ AI Analyst, PM is a Outperform.
The score is driven by strong profitability and cash generation, plus positive technical momentum and supportive 2026 guidance tied to accelerating smoke-free growth. Offsetting factors are elevated balance-sheet risk (negative equity and high debt) and a relatively full valuation.
To see Spark’s full report on PM stock, click here.
More about Philip Morris
Philip Morris International Inc. is a leading international consumer goods company focused on delivering a smoke-free future while evolving its portfolio beyond the tobacco and nicotine sector. Its current offerings primarily include cigarettes and smoke-free products such as heat-not-burn devices, nicotine pouches and e-vapor products, with smoke-free lines representing 41.5% of 2025 net revenues.
The company’s smoke-free products were available in more than 105 markets and were used by an estimated 43 million legal-age consumers as of December 31, 2025. Since 2008, Philip Morris has invested over $16 billion in developing and scientifically substantiating smoke-free products, and it has secured pioneering U.S. FDA marketing and Modified Risk Tobacco Product authorizations for several offerings, including IQOS devices, General snus and ZYN nicotine pouches.
Average Trading Volume: 5,610,493
Technical Sentiment Signal: Buy
Current Market Cap: $277B
For an in-depth examination of PM stock, go to TipRanks’ Overview page.