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Philip Morris International offers a DRIP plan with an optional cash purchase option for DRIP investors. The company's optional cash purchase and dividend reinvestment fees are higher than average; however, the company pays a solid dividend and has increased its dividend every year since becoming a public company.
Investor Contact Information:
Transfer Agent: Computershare
Mail: P.O. Box 43078
Providence, R.I. 02940
* By clicking this button you will initiate a share purchase request to other FirstShare community members.
|DRIP Plan Summary:||Fees/Investment Options|
|Consecutive Years of Higher Dividends:||10|
|Purchase Fee:||$5 + $0.03/share (cash purchases)
$2.50 + $0.03/share (automatic investments)
|Dividend Reinvestment Fee:||5% (max $3)|
|Discount on Reinvested Dividends:||None|
|Direct Enrollment (DE):||Yes|
|DE Minimum Investment:||$500|
|Optional Cash Purchase:||Yes|
|OCP Purchase Frequency:||Weekly|