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

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

Philip Morris International Inc. Increases Dividend by 2% to an Annualized Rate of $4.16 Per Share

September 14, 2016 4:21 AM EDT

NEW YORK--(BUSINESS WIRE)-- Regulatory News:

The Board of Directors of Philip Morris International Inc. (NYSE/Euronext Paris: PM) today increased the companys regular quarterly dividend by 2% to an annualized rate of $4.16 per share.

The new quarterly dividend of $1.04 per share, up from $1.02 per share, is payable on October 13, 2016, to stockholders of record as of September 28, 2016. The ex-dividend... More