Philip Morris International Inc. Increases Dividend by 2% to an Annualized Rate of $4.16 Per Share
September 14 2016 - 4:20AM
Business Wire
Regulatory News:
The Board of Directors of Philip Morris International Inc.
(NYSE/Euronext Paris: PM) today increased the company’s regular
quarterly dividend by 2% to an annualized rate of $4.16 per
share.
The new quarterly dividend of $1.04 per share, up from $1.02 per
share, is payable on October 13, 2016, to stockholders of record as
of September 28, 2016. The ex-dividend date is September 26, 2016.
For more details on stock, dividends and other information, see
www.pmi.com/investors.
Since becoming a public company in 2008, PMI has increased its
annual dividend nine consecutive times, representing a total
increase of 126.1% or a compound annual growth rate of 10.7%.
About Philip Morris International Inc.
(“PMI”)
PMI is the world’s leading international tobacco company, with
six of the world's top 15 international brands and products sold in
more than 180 markets. In addition to the manufacture and sale of
cigarettes, including Marlboro, the number one global cigarette
brand, and other tobacco products, PMI is engaged in the
development and commercialization of Reduced-Risk Products
(“RRPs”). RRPs is the term PMI uses to refer to products with the
potential to reduce individual risk and population harm in
comparison to smoking cigarettes. Through multidisciplinary
capabilities in product development, state-of-the-art
facilities, and industry-leading scientific substantiation, PMI
aims to provide an RRP portfolio that meets a broad spectrum of
adult smoker preferences and rigorous regulatory requirements. For
more information, see www.pmi.com and www.pmiscience.com.
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Philip Morris International Inc.Investor Relations:New
York, +1 (917) 663 2233Lausanne, +41 (0)58 242
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