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A king in its industry. In mid-August, Altria declared its latest dividend raise. It decided to lift the quarterly payout by 4% to $1.02 per share, which pumps the forward yield up to 7.7% on the ...
Altria's quarterly dividend now sits at $1.02, or $4.08 per share on an annualized basis. Most impressive, the new dividend hike is the 59th increase during the past 55 years.
Altria's 7.7% dividend yield may look attractive for income investors, but this is not a safe dividend stock. The company is struggling to grow, and until it can prove to investors that it can ...
Altria Group, Inc. Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and medical products in the treatment of illnesses caused by tobacco. It operates worldwide and is headquartered in Henrico County, Virginia, just ...
A dividend stock that may be more at risk than Johnson & Johnson is Altria. The cigarette maker raised its dividend by more than 4% last month but that doesn't mean there may not be trouble ahead ...
Also, management has increased the payout annually since 2009, and the previous two "dividend cuts" involved spinoffs that netted investors more stock. Hence, it has served as an excellent source ...
However, running the math on Altria's dividend payout shows the 8%+ dividend yield is here to stay. Over the last 12 months, Altria has paid a dividend per share of $3.88.
One of the safest dividend stocks is tobacco company Altria (NYSE: MO). It's a member of an exclusive club called the Dividend Kings: companies that have grown their dividend payment annually for ...