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Sept. 15, 2021, 7:09 a.m. EDT

Philip Morris raises quarterly dividend to $1.25 a share from $1.20

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By Ciara Linnane

Philip Morris International Inc. /zigman2/quotes/201611010/composite PM -1.50% said Wednesday its board has increased its quarterly cash dividend to $1.25 a share from $1.20. The new dividend will be payable Oct. 14 to shareholders of record as of Sept. 29. Shares were slightly higher premarket, and have gained 23% in the year to date, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -2.27% has gained 18%.

/zigman2/quotes/201611010/composite
US : U.S.: NYSE
$ 88.68
-1.35 -1.50%
Volume: 2.67M
Nov. 26, 2021 1:10p
P/E Ratio
15.42
Dividend Yield
5.64%
Market Cap
$138.06 billion
Rev. per Employee
$404,183
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/zigman2/quotes/210599714/realtime
US : S&P US
4,594.62
-106.84 -2.27%
Volume: 2.10B
Nov. 26, 2021 2:12p
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