Philip Morris International Inc (PM) Ex-Dividend Date Scheduled for June 25, 2013


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Philip Morris International Inc ( PM ) will begin trading ex-dividend on June 25, 2013. A cash dividend payment of $0.85 per share is scheduled to be paid on July 12, 2013. Shareholders who purchased PM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PM has paid the same dividend. At the current stock price of $87.46, the dividend yield is 3.89%.

The previous trading day's last sale of PM was $87.46, representing a -9.58% decrease from the 52 week high of $96.73 and a 6.53% increase over the 52 week low of $82.10.

PM is a part of the Consumer Non-Durables sector, which includes companies such as British American Tobacco p.l.c. ( BTI ) and Altria Group ( MO ). PM's current earnings per share, an indicator of a company's profitability, is $5.21. Zacks Investment Research reports PM's forecasted earnings growth in 2013 as 7.12%, compared to an industry average of 6.1%.

For more information on the declaration, record and payment dates, visit the PM Dividend History page.

Interested in gaining exposure to PM through an Exchange Traded Fund [ETF]?
The following ETF(s) have PM as a top-10 holding:

  • Vanguard Consumer Staples ETF ( VDC )
  • iShares Dow Jones U.S. Consumer Goods Index Fund ( IYK )
  • iShares High Dividend Equity Fund ( HDV )
  • iShares S&P Global Consumer Staples Sector Index Fund ( KXI )
  • Select Sector SPDR Fund - Consumer Staples ( XLP ).

The top-performing ETF of this group is VDC with an increase of 8.45% over the last 100 days. It also has the highest percent weighting of PM at 8.8%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: BTI , HDV , IYK , KXI , MO , PM , VDC , XLP

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