Philip Morris International Declares Regular Quarterly Dividend of $1.35 Per Share
December 12 2024 - 5:00AM
Business Wire
Regulatory News:
The Board of Directors of Philip Morris International Inc.
(NYSE: PM) today declared a regular quarterly dividend of $1.35 per
common share, payable on January 13, 2025, to shareholders of
record as of December 26, 2024. The ex-dividend date is December
26, 2024. For more details on stock, dividends and other
information, see www.pmi.com/dividend.
Philip Morris International: Delivering a Smoke-Free
Future
Philip Morris International (PMI) is a leading international
tobacco company, actively delivering a smoke-free future and
evolving its portfolio for the long term to include products
outside of the tobacco and nicotine sector. The company’s current
product portfolio primarily consists of cigarettes and smoke-free
products. Since 2008, PMI has invested over $12.5 billion to
develop, scientifically substantiate and commercialize innovative
smoke-free products for adults who would otherwise continue to
smoke, with the goal of completely ending the sale of cigarettes.
This includes the building of world-class scientific assessment
capabilities, notably in the areas of pre-clinical systems
toxicology, clinical and behavioral research, as well as
post-market studies. In 2022, PMI acquired Swedish Match – a leader
in oral nicotine delivery – creating a global smoke-free champion
led by the companies’ IQOS and ZYN brands. The U.S. Food and Drug
Administration has authorized versions of PMI’s IQOS devices and
consumables and Swedish Match’s General snus as Modified Risk
Tobacco Products. Renewal applications for these IQOS products are
pending before the FDA. As of June 30, 2024, PMI's smoke-free
products were available for sale in 90 markets, and PMI estimates
that 36.5 million adults around the world use PMI's smoke-free
products. The smoke-free business accounted for approximately 38%
of PMI’s total first-nine months 2024 net revenues. With a strong
foundation and significant expertise in life sciences, PMI
announced in February 2021 its ambition to expand into wellness and
healthcare areas and aims to enhance life through the delivery of
seamless health experiences. References to “PMI”, “we”, “our” and
“us” mean Philip Morris International Inc., including its
subsidiaries. For more information, please visit www.pmi.com and
www.pmiscience.com.
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Philip Morris International
Investor Relations: Stamford, CT: +1 (203) 905 2410 Lausanne:
+41 582 424 666 Email: InvestorRelations@pmi.com
Media: David Fraser Lausanne: +41 582 424 500 Email:
David.Fraser@pmi.com
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