Philip Morris International (PM) Raises Quarterly Dividend 4.2% to $1.25; 4.9% Yield

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Philip Morris International (PMI) Increases Dividend by 4.2% to Annualized Rate of $5.00 per Share

September 15, 2021 7:05 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 4.2% to an annualized rate of $5.00 per share.

The new quarterly dividend of $1.25 per share, up from $1.20 per share, is payable on October 14, 2021, to shareholders of record as of September 29, 2021. The ex-dividend date is September 28, 2021.

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