The Board of Directors of Philip Morris International Inc. (NYSE: PM) has increased the company’s regular quarterly dividend by 2.4% to an annualized rate of $5.20 per share.

The new quarterly dividend of $1.30 per share, up from $1.27 per share, is payable on October 12, 2023, to shareholders of record as of September 27, 2023. The ex-dividend date is September 26, 2023.

Philip Morris