Altria Group (MO) Raises Quarterly Dividend 5% to $0.84; 7.3% Yield

Altria Group (NYSE: MO) declared a quarterly dividend of $0.84 per share, or $3.36 annualized. This is a 5% increase from the prior dividend of $0.80.

The dividend will be payable on October 10, 2019, to stockholders of record on September 16, 2019, with an ex-dividend date of September 13, 2019.

The annual yield on the dividend is 7.3 percent.

“We are extremely proud of Altria’s fifty-year history of dividend growth,” said Howard Willard, Altria’s Chairman and Chief Executive Officer. “Over the past half century, Altria has demonstrated its steadfast commitment to rewarding shareholders despite numerous shifts in the tobacco landscape. Today, we remain focused on our shareholders as we lead the industry through a period of evolution.”

For a dividend history and other dividend-related data on Altria Group (MO) click here.

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