Philip Morris International hikes dividend by 8.9%

Philip Morris International (PM) will hike its quarterly dividend by 8.9% to $1.47 per share in 2025. This marks 18 consecutive years of increases. It also is the biggest increase in years by the tobacco company.

Philip Morris International will hike its quarterly payment to $1.47 per share in 2025. This follows a dividend hike of 3.8% in 2024. At a stock price of $164 the dividend yield for PM is 3.6%. The stock is up 38.5% year-to-date.

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