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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.The stock has ...
Altria increased its dividend by 4.1% in August to an annual rate of $4.08. The company generated $5.4 billion in operating cash flow and $5.3 billion in free cash flow through the first nine ...
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 has a giant 7.3% dividend yield Dividend investors are the most likely kind of investor to be attracted to Altria thanks to the stock's huge 7.3% dividend yield.
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MO Revenue (Annual) data by YCharts The company is also generating enough in earnings to cover its dividend payments. For the second quarter of 2024, which ended on June 30, Altria's adjusted ...
The stock has one of the highest yields on the S&P 500. How long will it last?
Altria's dividend 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 ...