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