Altria Reports 2020 Second Quarter and First-Half Results; Reestablishes 2020 Full-Year Earnings Guidance; Announces IQOS Expansion Plans; Board Declares Dividend Increase

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Go back to Altria Reports 2020 Second Quarter and First-Half Results; Reestablishes 2020 Full-Year Earnings Guidance; Announces IQOS Expansion Plans; Board Declares Dividend Increase

Altria Group (MO) Raises Quarterly Dividend 2.4% to $0.86; 8.2% Yield

July 28, 2020 7:15 AM EDT

Altria Group (NYSE: MO) declared a quarterly dividend of $0.86 per share, or $3.44 annualized. This is a 2.4% increase from the prior dividend of $0.84.

The dividend will be payable on October 9, 2020, to stockholders of record on September 15, 2020, with an ex-dividend date of September 14,... More

Altria Group (MO) Raises Quarterly Dividend 2.4% to $0.86; 8.2% Yield

July 28, 2020 7:15 AM EDT

Altria Group (NYSE: MO) declared a quarterly dividend of $0.86 per share, or $3.44 annualized. This is a 2.4% increase from the prior dividend of $0.84.

The dividend will be payable on October 9, 2020, to stockholders of record on September 15, 2020, with an ex-dividend date of September 14,... More

Altria Group (MO) Tops Q2 EPS by 3c, Offers FY Guidance

July 28, 2020 7:04 AM EDT

Altria Group (NYSE: MO) reported Q2 EPS of $1.09, $0.03 better than the analyst estimate of $1.06. Revenue for the quarter came in at $5.06 billion versus the consensus estimate of $5.08 billion.

GUIDANCE:

Altria Group sees FY2020 EPS of $4.21-$4.38, versus the consensus of $4.28.

Altria reestablishes 2020 full-year earnings guidance based on a better... More