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 colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

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

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

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