Philip Morris International Increases Dividend by 3.8%

Details

announced via press release that its Board of Directors had increased the company's regular quarterly dividend by 3.8% to an annualized rate of $5.40 per share. The new quarterly dividend of $1.35 per share, effective from the declaration date, is payable on October 10, 2024, to shareholders of record as of September 26, 2024. This announcement was furnished as Exhibit 99.1 to the Current Report on Form 8-K and is incorporated by reference. The filing also includes a cover page interactive data file. The information in Item 7.01 is not deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, nor subject to the liabilities of that section.

Items reported

Exhibits (1)

About Philip Morris International Inc.

Philip Morris International Inc. is a leading global tobacco company primarily engaged in the manufacture and sale of cigarettes and other nicotine-containing products. Known for owning some of the world's best-selling cigarette brands like Marlboro, Philip Morris International plays a significant role in the consumer goods sector. The company's strategic focus includes developing smoke-free alternatives such as heated tobacco systems and e-cigarettes, addressing shifting consumer preferences and regulatory landscapes. Headquartered in New York City, Philip Morris operates in over 180 countries, showcasing a robust international presence. The firm is noteworthy for its commitment to transforming public health narratives within the tobacco industry by advocating for reduced-risk products. As part of its market significance, Philip Morris International drives innovation in tobacco products, influencing regulatory frameworks and competitive dynamics in the global market.