Tag: $Philip Morris

LONDON, Sept 28 (Reuters) – Philip Morris International (PMI) (PM.N) said on Thursday it plans to launch its flagship heated tobacco device IQOS in two U.S. states in 2024, as the world’s top tobacco company by market value doubles down on its shift away from cigarettes.

Philip Morris International Inc. PM, said Wednesday its board has increased its quarterly dividend by 2.4% to $1.30 a share from $1.27 previously.

Philip Morris International posted higher-than-expected earnings for the quarter but its outlook for the year fell slightly short of projections.