PM dividend analysis

PM dividend deep dive

PM pays $0.26 per share annually, a 1.60% yield against the current price. The 36% payout sits inside the 60% threshold that's the conventional comfort zone for ongoing distribution growth.

Quality + Risk pillar breakdown on the PM dividend: Quality 41, Risk 35, composite safety 47/100. The Risk pillar specifically captures balance-sheet leverage and earnings volatility, both of which weigh on the distribution's durability through cycles.

PM reinvested-yield math, holding TTM yield (1.60%) and 5y CAGR (0.6%) constant: 5/10/20-year cumulative income totals 8.3% / 17.3% / 37.6%.

Sector dividend comp for PM: KO (5.00%), PG (1.50%), PEP (2.90%) (mean 3.13%). On the trailing TTM line, PM pays 1.60% — a -1.53-pp gap to the cohort mean.

PM dividend calendar: ex-date 2026-03-01, pay date 2026-03-15. The pattern is quarterly, which means four payments per year at the current $0.065 per quarter run-rate.

Bottom line on PM: 1.60% TTM yield + 0.6% growth + 47/100 safety. The forward question is whether the 36% payout ratio leaves enough free cash flow for continued growth at the current pace.