Philip Morris Declares Quarterly Dividend Amid Smoke-Free Transition

Philip Morris ( (PM) ) just unveiled an update.

On June 13, 2025, Philip Morris International’s Board of Directors declared a regular quarterly dividend of $1.35 per common share, payable on July 15, 2025. This announcement reflects PMI’s ongoing commitment to shareholder returns while it continues to transition towards a smoke-free future. The company’s strategic focus on smoke-free products and its significant investments in this area underscore its ambition to expand into wellness and healthcare, potentially enhancing its industry positioning and stakeholder value.

The most recent analyst rating on (PM) stock is a Buy with a $110.00 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.

Philip Morris demonstrates strong earnings growth and momentum in the smoke-free segment, bolstering its strategic direction. However, financial risks from high leverage and overvaluation concerns temper the outlook. The combination of robust earnings and strategic initiatives contributes positively, while technical and valuation factors pose potential headwinds.

To see Spark’s full report on PM stock, click here.

More about Philip Morris

Philip Morris International is a leading international consumer goods company focused on delivering a smoke-free future. Its portfolio includes cigarettes and smoke-free products such as heat-not-burn, nicotine pouches, and e-vapor products. As of December 31, 2024, PMI’s smoke-free products were available in 95 markets, used by 38.6 million adults globally, and accounted for 42% of PMI’s first-quarter 2025 total net revenues. The company has invested over $14 billion since 2008 in developing and commercializing innovative smoke-free products, with a goal to end cigarette sales.

Average Trading Volume: 6,103,881

Technical Sentiment Signal: Buy

Current Market Cap: $285.4B

See more data about PM stock on TipRanks’ Stock Analysis page.