PMI dividend increased

The board of directors of Philip Morris International today increased the company’s regular quarterly dividend by 6.4 percent to an annualized rate of $4.00 per share.

The new quarterly dividend of $1.00 per share, up from $0.94 per share, is payable on October 10 to stockholders of record as of September 25.

The ex-dividend date is September 23.

The company announced also the election of Jun Makihara, Frederik Paulsen and, effective January 1, Werner Geissler to its board.