Philip Morris raises quarterly dividend to $1.25 a share from $1.20

Philip Morris International Inc. PM, -0.61% said Wednesday its committee has accrued its quarterly currency dividend to $1.25 a stock from $1.20. The caller dividend volition beryllium payable Oct. 14 to shareholders of grounds arsenic of Sept. 29. Shares were somewhat higher premarket, and person gained 23% successful the twelvemonth to date, portion the S&P 500 SPX, -0.57% has gained 18%.