Philip Morris Raises Quarterly Dividend by 8.9% to $1.47

Dow Jones

09/19

By Colin Kellaher

Philip Morris International's board has raised the tobacco company's quarterly dividend by 8.9%, to $1.47 from $1.35.

The new payout, equal to $5.88 a year, represents an annual yield of about 3.64%, based on Thursday's closing price of $161.76, up from 3.34%.

The Stamford, Conn., company on Friday said the increased dividend is payable Oct. 20 to shareholders of record Oct. 3.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

September 19, 2025 07:05 ET (11:05 GMT)

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