Philip Morris Boosts Dividend to $0.85 from $0.77

The Board of Directors of Philip Morris International Inc. PM today increased the company's regular quarterly dividend by 10.4%, to an annualized rate of $3.40 per share. The new quarterly dividend of $0.85 per share, up from $0.77 per share, is payable on October 11, 2012, to stockholders of record as of September 27, 2012. The ex-dividend date is September 25, 2012.