Another year, another dividend increase for tobacco giant Philip Morris International (PM). On September 13th, it raised its quarterly dividend by 2.9%.
With the raise, PM has now increased its dividend 10 years in a row, each year since the spin-off from Altria Group (MO). This makes PM the newest member of the Dividend Achievers list, a group of stocks with 10+ consecutive dividend increases. You can see the.….READ MORE