Philip Morris International Inc ( PM ) has announced an ex-dividend date of December 24, 2012 and a cash dividend payment of $0.85 per share scheduled for January 11, 2013. Shareholders who purchased PM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.39% increase over the same period a year ago. At the current stock price of $84.65, the dividend yield is 4.02%.
The previous trading day's last sale of PM was $84.65, representing a -10.07% decrease from the 52 week high of $94.13 and a 16.2% increase over the 52 week low of $72.85.
PM is a part of the Consumer Non-Durables sector, which includes companies such as British American Tobacco Industries, p.l.c. ( BTI ) and Altria Group ( MO ). PM's current earnings per share, an indicator of a company's profitability, is $5.01. Zacks Investment Research reports PM's forecasted earnings growth in 2012 as 6.73%, compared to an industry average of 4.4%.
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:
- 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 )
- WisdomTree High-Yielding Equity Fund ( DHS )
- Select Sector SPDR Fund - Consumer Staples ( XLP ).
The top-performing ETF of this group is IYK with an increase of 4.04% over the last 100 days. It also has the highest percent weighting of PM at 9.99%.