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Philip Morris Rewards Shareholders With Dividend Hike

  • Philip Morris International Inc (NYSE: PMhas increased the company’s regular quarterly dividend by 4.2% to an annualized rate of $5.00 per share.
  • The new quarterly dividend of $1.25 per share, up from $1.20 per share, is payable on October 14, 2021, to shareholders of record as of September 29, 2021.
  • Price Action: PM shares are trading higher by 1.83% at $103.75 on the last check Wednesday.

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