The Board of Directors of Philip Morris International Inc. (NYSE: PM) on Thursday declared a regular quarterly dividend of $1.14 per common share, payable on January 11, 2019, to shareholders of record as of December 20, 2018, Business Wire informs.
The ex-dividend date is December 19, 2018. For more details on stock, dividends and other information, see www.pmi.com/dividend.
On June 8, 2018, the Board of Directors of PMI increased the company’s regular quarterly dividend by 6.5% to an annualized rate of $4.56 per share, the eleventh consecutive year in which PMI has increased its dividend, representing a total increase of 147.8%, or a compound annual growth rate of 9.5%, since PMI became a public company in 2008.
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