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.
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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.
The group recorded 2001 underlying operating revenues of US$89.9bn, and owns 83.9% of the outstanding common shares of Kraft.
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