Philip Morris Boosts Dividend for 18th Consecutive Year Amid Market Shifts

In a notable display of financial resilience, Philip Morris International has announced a substantial increase to its shareholder dividend. This move stands in stark contrast to the margin pressures currently affecting numerous consumer goods giants. The tobacco and reduced-risk products company raised its quarterly payout by a robust 8.9%, bringing it to $1.47 per share. This marks the eighteenth consecutive year of dividend growth for the firm since its 2008 spin-off.

The company’s strategic emphasis on smoke-free alternatives continues to yield significant results. Deliveries for the ZYN nicotine pouch brand surged by 43% during the second quarter of 2025. This growth in the future-oriented segment, which now accounts for 41% of net revenue, occurred alongside a 1.5% decline in traditional cigarette volume. However, this primary growth driver... Read more...