Share Name Share Symbol Market Type
Philip Morris International Inc NYSE:PM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  +$0.00 +0.00% $73.05 - - - 100 09:57:02

Philip Morris Raises Quarterly Dividend by 2.6% to $1.17

11/09/2019 11:32am

Dow Jones News

Philip Morris (NYSE:PM)
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By Colin Kellaher


Philip Morris International Inc. (PM) on Wednesday said its board raised the quarterly dividend by 2.6% to $1.17 from $1.14.

The new payout, equal to $4.68 a year, represents an annual yield of about 6.28% based on Tuesday's closing price of $74.50, up from about 6.12%.

The New York tobacco company said the increased dividend is payable Oct. 11 to shareholders of record Sept. 25.


Write to Colin Kellaher at


(END) Dow Jones Newswires

September 11, 2019 06:17 ET (10:17 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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