On 2016-06-09, Philip Morris International Inc (NYSE:PM) confirmed the dividend disbursement of $1.02 a share to shareholders as on record 2016-06-23. The firm will release dividend on 2016-07-11 while ex-dividend date is reported to be 2016-06-21.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Philip Morris International Inc (NYSE:PM) paid a total of $1.02 per share in dividends. This figure stood at $1.02 a share in the same period a year ago indicating a deviation of 4.1237%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $110.5 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $115 and $106, respectively.
Taking the mathematical rating formula, the price for Philip Morris International Inc (NYSE:PM) stands at 1.35. Earnings Review Philip Morris International Inc (NYSE:PM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-20. For the period ending on 2016-09-30, experts are expecting EPS of $1.2.
Coming to the quarter ending on 2015-12-31, Philip Morris International Inc (NYSE:PM) recorded EPS of $1.15. The reported numbers came lower than the analysts’ estimates of $1.21, demonstrating a miss of $-0.06 as against reported figures.
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