Today Philip Morris International announces a quarterly dividend increase of from $0.94 to $1.00 per share that’s payable October 10, 2014 to holders of record September 25, 2014. This represents a 6.4% increase to regular quarterly dividends.
Philip Morris International is a Dividend Challengers and has paid higher dividends
consecutively for 6 years. With current price $83.83 (yesterday close), this raise brings their
dividend yield to 4.77%.
Philip Morris International will remain in my portfolio and I’m currently holding it
with no plans to accumulate more unless there is a big correction.
Since I own 85 shares this will increase my yearly net
dividends by $15.20 . (~11.80€).
That increase rises my YOC to 5.03%
Click here
to see my portfolio holdings.
You can follow the development of my dividends here.
DH,
ReplyDeleteLove that raise. PM keeps on rolling right along. I wasn't expecting a big raise with the investments they've been making in next-gen products, so this was right on target for me. Exciting times still yet ahead for this one.
Best wishes!
Nice buy Hawk...we purchased a few shares recently and considering picking up a few more soon. GE is a solid company and brand that should continue to pay growing dividends for years to come. Definitely a stock we plan to hold well into retirement.
ReplyDeleteWishing you continue success! AFFJ