Philip Morris stock dips as ex-dividend reset hits; eyes on year-end data next
Philip Morris International closed down 1% at $161.05 Friday, reflecting the stock trading ex-dividend for a $1.47 quarterly payout. The board set the dividend for Jan. 14, 2026, to holders as of Dec. 26. Tobacco peers were mixed, with Altria down 2.3%. PMI plans to reorganize into new business units starting Jan. 1, 2026.