NEW YORK ( TheStreet) -- The ex-dividend date for Philip Morris International (NYSE: PM) is tomorrow, March 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $87.15 as of 9:30 a.m. ET, the dividend yield is 3.5%. The average volume for Philip Morris International has been 6.1 million shares per day over the past 30 days. Philip Morris International has a market cap of $128.8 billion and is part of the consumer goods sector and tobacco industry. Shares are up 10.6% year to date as of the close of trading on Friday. Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. The company has a P/E ratio of 18.6, above the average tobacco industry P/E ratio of 15.7 and above the S&P 500 P/E ratio of 17.7.
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