Altria Group (MO) Raises Quarterly Dividend 8.7% to $0.565; 4.1% Yield
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Cowen Remains Bullish on Altria Group (MO) as Dividend Growth Accelerates
August 21, 2015 11:57 AM EDTCowen reiterated an Outperform rating and $62.00 price target on Altria (NYSE: MO) as dividend growth accelerates. MO raised its dividend +8.7%, to $2.26 per share. MO has steadily increased dividends +7-9% over the last four years. The increase is consistent with MO's raised EPS outlook to +7.5%-9.5%,... More
