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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

REVEALED: Philip morris just raised its dividend again | Rare Historical Photos

Philip Morris United States PM Tobacco
June,29,,2020,,Brazil.,In,This,Photo,Illustration,The,Philip

Philip Morris International Inc (NYSE:PM) shares edged higher on Friday premarket after the tobacco giant announced a fresh boost to shareholder returns.

The company's board approved an 8.9% increase in its regular quarterly dividend, lifting the annualized payout to $5.88 per share.

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