Philip Morris (PM) Raises Quarterly Dividend 2% to $1.04; 4.2% Yield

September 14, 2016 6:07 AM EDT

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Philip Morris (NYSE: PM) declared a quarterly dividend of $1.04 per share, or $4.16 annualized. This is a 2% increase from the prior dividend of $1.02.

The dividend will be payable on October 13, 2016, to stockholders of record on September 28, 2016, with an ex-dividend date of September 26, 2016.

The annual yield on the dividend is 4.2 percent.

For a dividend history and other dividend-related data on Philip Morris (PM) click here.

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