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Altria Group Raises Dividend, Dividend Yield Now Over 6% (MO)

By Dividend.com Staff
August 29th, 2008

altria-group-raises-dividend-dividend-yield-now-over-6-mo

Altria Group (MO) has announced it is raising its annual dividend payout from $1.16 to $1.28 per share. The stock now has a dividend yield of 6.08%, based on last night's closing stock price of $21.04.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.