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Altria Increases Quarterly Dividend by 4.3% to $0.98 Per Share

BusinessWire_EN 
0 0 24.08.23
Altria Increases Quarterly Dividend by 4.3% to $0.98 Per Share:
 

Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors voted to increase our regular quarterly dividend by 4.3% to $0.98 per share versus the previous rate of $0.94 per share. The quarterly dividend is payable on October 10, 2023 to shareholders of record as of September 15, 2023. The ex-dividend date is September 14, 2023.

The new annualized dividend rate is $3.92 per share, representing a dividend yield of 9.1% based on our closing stock price of $43.12 on August 23, 2023.

Today’s dividend increase is consistent with our new progressive dividend goal that we established at our 2023 Investor Day that targets mid-single digits dividend per share growth annually. This increase marks the 58th dividend increase in the past 54 years.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230824145124/en/

Altria Group Inc. Stock

€49.40
0.680%
Altria Group Inc. gained 0.680% compared to yesterday.
We see a rather positive sentiment for Altria Group Inc. with 6 Buy predictions and 2 Sell predictions.
On the other hand, the target price of 46 € is below the current price of 49.4 € for Altria Group Inc., so the potential is actually -6.87%.
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