By Dean Seal
Philip Morris International Inc. raised its regular quarterly dividend by 1.6% to $1.27 a share.
The cigarette maker said Wednesday that its dividend has been upped to an annualized rate of $5.08 a share.
The new quarterly dividend is payable on Oct. 12 to shareholders of record as of Sept. 28.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
09-14-22 0900ET