Philip Morris International Inc ( PM ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $1.02 per share is scheduled to be paid on October 14, 2015. Shareholders who purchased PM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2% increase over the prior quarter. At the current stock price of $80.41, the dividend yield is 5.07%.
The previous trading day's last sale of PM was $80.41, representing a -10.9% decrease from the 52 week high of $90.25 and a 6.83% increase over the 52 week low of $75.27.
PM is a part of the Consumer Non-Durables sector, which includes companies such as Reynolds American Inc ( RAI ) and Altria Group ( MO ). PM's current earnings per share, an indicator of a company's profitability, is $4.78. Zacks Investment Research reports PM's forecasted earnings growth in 2015 as -24.33%, compared to an industry average of 3.8%.
Interested in gaining exposure to PM through an Exchange Traded Fund [ETF]?
The following ETF(s) have PM as a top-10 holding:
- SPDR Select Sector Fund - Consumer Staples ( XLP )
- First Trust Morningstar ETF ( FDL )
- Vanguard Consumer Staples ETF - DNQ ( VDC )
- iShares U.S. Consumer Goods ETF ( IYK )
- iShares Core High Dividend ETF ( HDV ).
The top-performing ETF of this group is IYK with an decrease of -3.14% over the last 100 days. XLP has the highest percent weighting of PM at 6.73%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.