09-14-2016, 01:48 PM
(09-14-2016, 11:37 AM)Kerim Wrote: PM has increased the quarterly dividend from $1.02 per share to $1.04. A 2 percent raise is hardly anything to be excited about, but I doubt many were expecting more. It looks to me like that puts the payout ratio in the neighborhood of 90 to 100 percent.
Pretty much what I was expecting. May be a year or two yet until we get more than that.