Philip Morris International (PM) Raises Quarterly Dividend 2.6% to $1.20; 6% Yield

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Go back to Philip Morris International (PM) Raises Quarterly Dividend 2.6% to $1.20; 6% Yield

Philip Morris International Inc. Increases Dividend by 2.6% to Annualized Rate of $4.80 per Share

September 9, 2020 12:30 PM 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 2.6% to an annualized rate of $4.80 per share.

The new quarterly dividend of $1.20 per share, up from $1.17 per share, is payable on October 13, 2020, to shareholders of record as of September 24, 2020. The ex-dividend date is September 23, 2020.

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