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Annualized Dividend Rate

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business2 years ago

Altria Group, Inc. Boosts Quarterly Dividend to $0.98 Per Share

Altria Group, Inc. has announced a 4.3% increase in its regular quarterly dividend to $0.98 per share, up from $0.94 per share. The dividend will be payable on October 10, 2023, to shareholders of record as of September 15, 2023. The new annualized dividend rate is $3.92 per share, reflecting a dividend yield of 9.1%. This increase aligns with Altria's progressive dividend goal and marks the 58th dividend increase in the past 54 years.