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That works out to $4.08 per year for each share of Altria stock. Dividing the $500 by $4.08 equals about 123 shares, assuming the board of directors pays the same dividend rate.
Stodgy tobacco stock Altria Group (NYSE: MO), most known for selling Marlboro cigarettes in the U.S. and paying hefty dividends to its shareholders, has sprung to life this year.
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There are many reasons to love Altria Group (NYSE: MO) stock. The most obvious is its 8% dividend yield. That payout may seem too good to be true, but the company has maintained a lofty dividend ...
Altria Group (NYSE: MO) has emerged as a surprising stock market winner in 2024, propelled by an impressive earnings rebound. At the time of this writing, its shares had surged by 41% this year to ...
Despite a long-term decline in smoking rates and heavy legal costs, Altria stock and its dividend have increased massively since then. MO Chart. MO data by YCharts.
Altria is a longtime dividend powerhouse. ... The domestic Marlboro parent has struggled in the past decade, but it remains an appealing dividend stock with an 8.4% yield. At that level, you would ...
Plus, bond investors may be preparing themselves for the rotation into dividend stocks. Altria is a solid dividend payer with a yield of 7.9%, and the company has raised its dividend 59 times in ...
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related to: altria stock dividend calculator for a specific stock