PM Dividend History & Yield Analysis
PM has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.
Yield & Payout Metrics
Yields calculated against a market price of $184.52.
Annual Dividend History
- 2026$2.942 pmts
- 2025$5.644 pmts
- 2024$5.304 pmts
- 2023$5.144 pmts
- 2022$5.044 pmts
- 2021$4.904 pmts
- 2020$4.744 pmts
- 2019$4.624 pmts
- 2018$4.494 pmts
- 2017$4.224 pmts
- 2016$4.124 pmts
- 2015$4.044 pmts
- 2014$3.884 pmts
- 2013$3.675 pmts
- 2012$2.434 pmts
- 2011$2.824 pmts
- 2010$2.444 pmts
- 2009$2.244 pmts
- 2008$1.543 pmts
PM Payout History & Ex-Dividend Dates
| Ex-dividend date | Pay date | Amount / share |
|---|---|---|
| 2026-06-01 | 2026-06-25 | $1.47 |
| 2026-03-01 | 2026-03-19 | $1.47 |
| 2025-12-01 | 2025-12-26 | $1.47 |
| 2025-10-01 | 2025-10-03 | $1.47 |
| 2025-06-01 | 2025-06-27 | $1.35 |
| 2025-03-01 | 2025-03-20 | $1.35 |
| 2024-12-01 | 2024-12-26 | $1.35 |
| 2024-09-01 | 2024-09-26 | $1.35 |
| 2024-06-01 | 2024-06-21 | $1.30 |
| 2024-03-01 | 2024-03-20 | $1.30 |
| 2023-12-01 | 2023-12-20 | $1.30 |
| 2023-09-01 | 2023-09-26 | $1.30 |
| 2023-06-01 | 2023-06-22 | $1.27 |
| 2023-03-01 | 2023-03-22 | $1.27 |
| 2022-12-01 | 2022-12-21 | $1.27 |
| 2022-09-01 | 2022-09-27 | $1.27 |
| 2022-06-01 | 2022-06-30 | $1.25 |
| 2022-03-01 | 2022-03-23 | $1.25 |
| 2021-12-01 | 2021-12-22 | $1.25 |
| 2021-09-01 | 2021-09-28 | $1.25 |
| 2021-06-01 | 2021-06-24 | $1.20 |
| 2021-03-01 | 2021-03-19 | $1.20 |
| 2020-12-01 | 2020-12-22 | $1.20 |
| 2020-09-01 | 2020-09-23 | $1.20 |
| 2020-06-01 | 2020-06-19 | $1.17 |
| 2020-03-01 | 2020-03-20 | $1.17 |
| 2019-12-01 | 2019-12-18 | $1.17 |
| 2019-09-01 | 2019-09-24 | $1.17 |
| 2019-06-01 | 2019-06-20 | $1.14 |
| 2019-03-01 | 2019-03-25 | $1.14 |
| 2018-12-01 | 2018-12-19 | $1.14 |
| 2018-09-01 | 2018-09-25 | $1.14 |
| 2018-06-01 | 2018-06-21 | $1.14 |
| 2018-03-01 | 2018-03-21 | $1.07 |
| 2017-12-01 | 2017-12-20 | $1.07 |
| 2017-09-01 | 2017-09-26 | $1.07 |
| 2017-06-01 | 2017-06-21 | $1.04 |
| 2017-03-01 | 2017-03-21 | $1.04 |
| 2016-12-01 | 2016-12-20 | $1.04 |
| 2016-09-01 | 2016-09-26 | $1.04 |
| 2016-06-01 | 2016-06-21 | $1.02 |
| 2016-03-01 | 2016-03-22 | $1.02 |
| 2015-12-01 | 2015-12-21 | $1.02 |
| 2015-09-01 | 2015-09-28 | $1.02 |
| 2015-06-01 | 2015-06-23 | $1.00 |
| 2015-03-01 | 2015-03-24 | $1.00 |
| 2014-12-01 | 2014-12-22 | $1.00 |
| 2014-09-01 | 2014-09-23 | $1.00 |
| 2014-06-01 | 2014-06-24 | $0.9400 |
| 2014-03-01 | 2014-03-25 | $0.9400 |
| 2013-12-01 | 2013-12-23 | $0.9400 |
| 2013-09-01 | 2013-09-24 | $0.9400 |
| 2013-06-01 | 2013-06-25 | $0.8500 |
| 2013-03-01 | 2013-03-26 | $0.8500 |
| 2013-01-01 | 2012-12-24 | $0.0850 |
| 2012-12-01 | 2012-12-20 | $0.0390 |
| 2012-09-01 | 2012-09-25 | $0.8500 |
| 2012-06-01 | 2012-06-25 | $0.7700 |
| 2012-03-01 | 2012-03-27 | $0.7700 |
| 2011-12-01 | 2011-12-20 | $0.7700 |
Does PM pay dividends?
Yes. PM pays on a quarterly schedule, most recently $1.47 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.
How the PM yield is calculated
The trailing yield divides the last twelve months of dividends per share ($5.88) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the PM DCF fair value page for the cash flow behind it.