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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Altria Group Inc | NYSE:MO | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.49 | 1.12% | 44.34 | 44.40 | 43.90 | 43.91 | 9,893,438 | 21:32:39 |
From May 2019 to May 2024
Altria Group, Inc. (Altria) (NYSE: MO) today announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 8.2% to $0.66 per common share versus the previous rate of $0.61 per common share. The quarterly dividend is payable on October 10, 2017, to shareholders of record as of September 15, 2017. The ex-dividend date is September 14, 2017.
The new annualized dividend rate is $2.64 per common share, representing a yield of 4.1% based on Altria’s closing stock price of $63.69 on August 18, 2017.
Today’s dividend increase reflects Altria’s intention to return a large amount of cash to shareholders in the form of dividends and is consistent with Altria’s dividend payout ratio target of approximately 80% of its adjusted diluted earnings per share. Altria has increased its dividend 51 times in the past 48 years.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170824006150/en/
Altria Client ServicesInvestor Relations, 804-484-8222orMedia Relations, 804-484-8897
1 Year Altria Chart |
1 Month Altria Chart |
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