Philip Morris (PM) Raises Quarterly Dividend 6.5% to $1.14; 5.9% Yield

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Philip Morris International Inc. Increases Dividend by 6.5% to an Annualized Rate of $4.56 Per Share

June 8, 2018 5:53 AM EDT

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

The Board of Directors of Philip Morris International Inc. (NYSE: PM) today increased the companys regular quarterly dividend by 6.5% to an annualized rate of $4.56 per share.

The new quarterly dividend of $1.14 per share, up from $1.07 per share, is payable on July 11, 2018, to shareholders of record as of June 22, 2018. The ex-dividend date is June 21, 2018.

This decision... More