Pages

Sunday, August 24, 2025

Altria Dividend Increase

On 21 August, Altria (MO) increased its dividend by 3.92%, from $1.02 to $1.06 per share.

The dividend is payable on 10 October to shareholders of record on 15 September. 

MO's forward yield is 6.27% at $67.67 per share.

I own 430 MO shares at an average cost of $49.64 per share. MO's contribution to DivGro's projected annual dividend income will increase by $68.80 to $1823.20. 

My yield on cost is now 8.54%.

Since I opened my position in January 2014, the stock has generated a total return of 65%, including $6,148.92 in dividend income. That's a splendid annualized rate of return of 10.9%!

MO became DivGro's 4th Home Run stock in July 2016, when the stock doubled my original capital outlay.

5-Year History of Dividend Payouts by Ex-Date
2020 2021 2022 2023 2024 2025
$3.400 $3.520 $3.680 $3.840 $4.000 $4.160
3.66% 3.53% 4.55% 4.35% 4.17% 4.00%
5-year DGR: 4.05% 4.12%

projected, assuming no further changes


Thanks for Reading!
You can follow me on TwitterFacebookSeeking Alpha, and TalkMarkets

No comments:

Post a Comment

Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.