Altria Increases Quarterly Dividend by 4.3% to $0.98 Per Share
24 Agosto 2023 - 2:10PM
Business Wire
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.
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