PMI Increases Dividend

The Board of Directors of Philip Morris International has announced that it has increased the company's regular quarterly dividend by 17.4 per cent, to an annualized rate of $2.16 per common share. The new quarterly dividend of $0.54 per common share, up from $0.46 per common share, is payable on October 10 to stockholders of record as of September 15. The ex-dividend date is September 11. Enditem