Philip Morris International raised dividend to $6.40 per share

The Board of Directors of Philip Morris International Inc. (PMI) (NYSE: PM) increased the company's regular quarterly dividend by 8.8% to an annualized rate of $6.40 per share. The new quarterly dividend was $1.60 per share, up from $1.47 per share. According to the company, the announcement was made in STAMFORD, CT, September 18, 2026.

The dividend was payable on October 26, 2026, to shareholders of record as of October 2, 2026. The ex-dividend date, the cut-off date that determines who qualifies for the payment, was October 2, 2026.

For shareholders, the change set the cash amount attached to each share held through the qualifying dates. The record date defined who was listed as eligible, while the ex-dividend date defined the cut-off for that eligibility. That made the timetable, rather than any further company action, the practical point to follow.

PMI had increased its annual dividend every year since becoming a public company in 2008. The dividend increase since 2008 represented a total increase of 248%. The compound annual growth rate, the average yearly growth rate, since 2008 was 7.2%.

That history showed a pattern of annual increases rather than a single decision. For investors reviewing income consistency, the sequence provided background for placing the latest increase in a longer series. It did not by itself explain future payments.

Philip Morris International filed Form 8-K with the SEC on 2026-09-18. The dividend was payable on October 26, 2026, to shareholders of record as of October 2, 2026.