Philip Morris International Stock (NYSE: PM) Update: Ex‑Dividend Drop Explained, ZYN Momentum in Focus, and Analyst Targets Ahead of Monday’s Open
Philip Morris International closed Friday at $161.05, down $1.59, after going ex-dividend for its $1.47 quarterly payout. The drop matched the dividend adjustment, not broader selling. Trading volume was thin as U.S. markets hovered near record highs. Recent PMI headlines focused on institutional position updates from SEC filings.