Dividend increase and smoke free shift put Philip Morris International in focus Philip Morris International (PM) has drawn fresh attention after lifting its regular quarterly dividend to an annualized US$6.40 per share, along with a revenue mix in which smoke free products now account for a substantial share. Recent trading shows that momentum in Philip Morris International has been building, with a 90 day share price return of 7.10% and a year to date share price return of 20.87%. Investors have responded to the dividend hike, the smoke free revenue mix and the upcoming American Growth Summit appearance, alongside a 1 year total shareholder return of 23.18% and very large 3 and 5 year total shareholder returns.
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