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Altria Raises Dividend by Nearly 9%

Altria Raises Dividend by Nearly 9% 24/7 Wall St. 14 mins ago

The maker of Marlboro cigarettes, Altria Group Inc. (MO), announced Friday morning that its board of directors voted to increase the regular quarterly dividend by 8.7% to $0.565 per common share from the previous rate of $0.52. The quarterly dividend is payable on October 9 to shareholders of record as of September 15.

The new annualized dividend rate is $2.26 per common share, representing a yield of...


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