The board of directors of food to tobacco behemoth Philip Morris Companies today declared a regular quarterly dividend of US$0.58 per common share. The dividend is payable on 10 April 2002, to stockholders of record as of 15 March 2002. The ex-dividend date is 13 March 2002. The Philip Morris family of companies, including Kraft Foods, is the world's largest producer and marketer of consumer packaged goods.