Phillip Morris International Delivers a Fifth Consecutive Dividend Hike
by | Posted 9.22.2012 | Post Comment (No Comments)

The past week was characterized by very slow dividend increase activity. However, it was not slow if you were a shareholder of Phillip Morris International, which manufactures and sells cigarettes and other tobacco products. The company raised its quarterly dividend by 10.40% to 85 cents/share. This marked the fifth consecutive annual dividend increase for this global tobacco conglomerate. Check my recent analysis of the stock.

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