Philip Morris Hikes Dividend By 1.6%

Philip Morris International Inc (NYSE:PM) has increased its regular quarterly dividend by 1.6% to an annualized rate of $5.08 per share.
The new quarterly dividend is $1.27 per share. The dividend is payable on October 12, 2022, to shareholders of record as of September 28, 2022.
The ex-dividend date is September 27, 2022.
Philip Morris held $5 billion in cash and equivalents as of June 30, 2022.
Price Action: PM shares are trading lower by 0.02% at $94.00 on the last check Wednesday.