PM has raised its quarterly dividend by 8.8%, underscoring growth through smoke-free products, cost savings and strong brands.
I track dividend increases across 1,200+ stocks, highlighting 10 notable raises this week, including MCD, MSFT, JPM, and INGR. MSFT stands out for quality (9.29 score, AAA rating), low payout (20%), and dividend safety, though its 0.79% yield is modest. MCD celebrates its 50th consecutive increase, achieving Dividend King status, but its D- safety grade and weak credit metrics warrant caution.
Tobacco companies spend almost nothing on new equipment yet generate billions in cash, and a handful of US-listed names funnel that surplus straight into shareholder pockets through yields that most sectors cannot touch.
Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank the Dividend Kings using my 9F Quality Scores, blending qualitative and quantitative factors for a robust, investment-grade assessment. ADP stands out as the best total-return candidate. It is undervalued, high-quality, and offering a strong projected dividend growth rate and Adjusted Chowder Number.
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: The Board of Directors of Philip Morris International Inc. (PMI) (NYSE: PM) has increased the company's regular quarterly dividend by 8.8% to an annualized rate of $6.40 per share. The new quarterly dividend of $1.60 per share, up from $1.47 per share, is payable on October 26, 2026, to shareholders of record as of October 2, 2026. The ex-dividend date is October 2, 2026. PMI has increased its annual dividend every year since becoming a public com.
Philip Morris, British American Tobacco and Altria have been highlighted in this Industry Outlook article.
Philip Morris offers a secure, above-market dividend yield with robust, near double-digit growth potential for years to come. Recent Q2 results were strong, supporting strong EPS guidance and ongoing investment in Next Generation Products. PM's valuation is elevated versus peers, but profitability and momentum remain strong.
PM, BTI and MO are navigating volume pressure and rising costs by expanding smoke-free portfolios and adapting to shifting consumer demand.
STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International (PMI) (NYSE: PM) and WSJ Intelligence, the in-house thought leadership consultancy for The Wall Street Journal's commercial sales organization, today unveiled The Cognition Index Research Report, a comprehensive study exploring the evolving role of human cognition in an AI-driven workplace. Surveying more than 2,500 business professionals across the United States, United Kingdom, Italy, South Africa, and Brazil, the report reveals that.
The expansion is part of Philip Morris' push to scale up the brand following substantial manufacturing investments and a key regulatory win this summer.