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Philip Morris International Spin-off (Completed)
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Deferred Profit-Sharing (DPS) Plan Questions |
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Will there be a time period during which I am unable to make DPS Plan transactions? |
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Will I still be eligible to receive any quarterly dividends on Altria stock following the Spin-off? |
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Are any DPS Plan provisions changing because of the Spin-off? |
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(If you did not find what you were looking for, please Contact Us.)
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Q: |
Will there be a time period during which I am unable to make DPS Plan transactions? |
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No. There will be no suspension of Plan activities in the DPS Plan and transactions can be initiated as usual except: any pending Good 'til Canceled order involving Altria stock were cancelled at the close of business on the Distribution Date, and exchange transactions will not be available after the close of business on the Distribution Date until shortly after the stock market opens the next business day. |
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Will I still be eligible to receive any quarterly dividends on Altria stock following the Spin-off? |
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Yes. Under the DPS Plan, you will continue to be eligible for dividends as you currently are under the DPS Plan. |
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The only way to obtain PMI stock through the DPS Plan is by having an investment in the Altria Stock investment option at the close of business on the Distribution Date. No other acquisitions of PMI stock through the DPS Plan are possible. |
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Are any DPS Plan provisions changing because of the Spin-off? |
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No. DPS Plan provisions are not changing as a result of the Spin-off. The following provisions, however, apply to the new PMI Stock investment option:
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Stock at a Glance
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