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Altria pays $3.92 per share in annual dividends. At its current price, that gives it a dividend yield of 8.75%, meaning investors would have to invest $11,430 to receive $1,000 per year.
Altria Group Dividend Chart by YCharts. Before the two spinoffs, Altria paid a dividend of $0.75 per quarter. After the spinoffs, the dividend was cut to $0.29 per quarter and has since risen to ...
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.
Dividing the $500 by $4.08 equals about 123 shares, assuming the board of directors pays the same dividend rate. If Altria Group continues increasing payments, you'd receive more than $500 per ...
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.
Dividend investors are the most likely kind of investor to be attracted to Altria thanks to the stock's huge 7.3% dividend yield. In Altria's case the problem is pretty simple. ... Chart. MO data ...
Owning Altria is still a reliable way to collect dividend income, but there are other tobacco stocks, like Philip Morris and British American Tobacco, that also offer generous dividends while ...
The cigarette giant is a must-know stock for income investors.
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