Philip Morris International Raises Quarterly Dividend 8.8% to $1.60 per Share

Overview

On September 18, 2026, Philip Morris International Inc. filed a Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) to report a dividend increase approved by its Board of Directors.

Key Event Details

• Dividend Hike: The Board of Directors declared a regular quarterly dividend of $1.60 per common share, an 8.8% increase from the previous quarterly rate of $1.47 per share.
• Annualized Rate: Represents an annualized dividend rate of $6.40 per share.
• Record Date: October 2, 2026.
• Ex-Dividend Date: October 2, 2026.
• Payable Date: October 26, 2026.

Historical Context & Capital Return

As noted in the accompanying press release (Exhibit 99.1), Philip Morris International has increased its annual dividend every year since becoming an independent public company in 2008, reflecting a total cumulative dividend increase of 248% and a compound annual growth rate (CAGR) of 7.2%.