When Is Altria Next Dividend?

On October 12, 2021, stockholders of record as of September 15, 2021, will receive a quarterly dividend. It is September 14, 2021, when the stock will be ex-dividend. Altria’s closing stock price of $48.65 on August 25, 2021, represents a yield of 7.4 percent based on the new annualized dividend rate of $3.60 per share.

What is the ex-dividend date for Altria?

On September 14, 2021, ltria Group (MO) will go ex-dividend. On October 12, 2021, shareholders will receive a cash dividend of $0.9 per share. If you bought MO before the ex-dividend date, you’re entitled to a cash dividend payout of $0.01. Compared to the previous dividend payment, this indicates a 4.65% rise in dividends. The dividend yield is 7.11 percent at the current stock price of $50.6.

How often does Altria stock pay dividends?

Dividends are scheduled to be paid within a month of going ex. After three months and two months, Altria Group Inc.’s last 90c dividend was paid out. Assuming there are no special payouts, the dividend cover ratio is around 1.3.

Will Altria raise dividends in 2021?

It was recently revealed that the Board of Directors of (Altria) (NYSE: MO) had voted to raise Altria’s normal quarterly dividend by 4.7 percent, to $0.90 per share, from the previous rate of $0.86 per share. On October 12, 2021, stockholders of record as of September 15, 2021, will receive a quarterly dividend.

Is Altria a dividend king?

High-yield investors continue to have a lot of faith in Altria Group (NYSE:MO). A Dividend King, which is reserved for corporations with 50-year records of paying and growing dividends annually, makes sense given this fact.

Is Altria a good dividend stock?

Altria has a good dividend yield of 7.3% at current pricing. Altria’s ability to maintain its underlying growth is critical to the dividend growth story because of its huge debt position.

Are dividend stocks worth it?

You can’t go wrong with dividends. A safe and reliable investment, dividend stocks are well-known. There are a lot of high-value enterprises here. Safety is generally associated with corporations that have raised their dividends year after year for the past 25 years or more, known as the “dividend aristocrats.”

Do Tesla pay dividends?

On our common stock, Tesla has never paid a dividend. We do not expect to pay any cash dividends in the near future because we plan to use all future earnings to fund future growth.

Is MO stock a buy?

Furthermore, MO stock has a poor track record. This year’s earnings increase may be stronger. Nonetheless, revenue has been erratic, bouncing between slow increases and little decreases.

Investors, according to IBD, should concentrate on equities with Composite Ratings of 90 or higher and that are trading at or near their recent highs.

The greatest stocks to buy or watch can be found in the IBD Stock Lists and other IBD publications. You may also find out more about buying and selling stocks on this site.

How can I make my stock steady income?

Dividend stocks, which payout a portion of a company’s earnings on a regular basis, such as quarterly, are one approach to generate an income stream. In the ideal cases, payouts rise over time, contributing to an increase in incoming revenue.

Is Altria a dividend aristocrat?

They’re three of the most underrated high-yield dividend aristocrats on the market today. High-yield aristocrats have a 3.7 percent to 7.5 percent safe yield and a CAGR of 16 percent to 18 percent over the five years.

Is Mo stock safe?

The dividend on Altria stock appears to be safe. “What is this?” A large portion of the company’s free cash flow is devoted to this expense. Because of this, the company’s finances are secure.