Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  Altria Group Inc    MO   US02209S1033

ALTRIA GROUP INC (MO)

133
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Altria Group, Inc. : Altria Increases Quarterly Dividend by 7.3% to $0.44 per Common Share

08/24/2012 | 11:05am US/Eastern

Altria Group, Inc. (Altria) (NYSE: MO) today announced that its Board of Directors voted to increase Altria's regular quarterly dividend by 7.3% to $0.44 per common share versus the previous rate of $0.41 per common share. The quarterly dividend is payable on October 10, 2012 to shareholders of record as of September 14, 2012. The ex-dividend date is September 12, 2012.

The new annualized dividend rate is $1.76 per common share, representing a yield of 5.3% based on Altria's closing stock price of $33.45 on August 23, 2012.

Today's dividend increase reflects Altria's intention to return a large amount of cash to shareholders in the form of dividends and is consistent with Altria's dividend payout ratio target of approximately 80% of its adjusted diluted earnings per share. Altria has increased its dividend 46 times in the last 43 years.

Altria Client Services
Investor Relations
804-484-8222
or
Altria Client Services
Media Relations
804-484-8897


© Business Wire 2012
React to this article
Latest news on ALTRIA GROUP INC
06/23 ALTRIA : Regulation FD Disclosure (form 8-K)
06/23 ALTRIA : Holds Investor Day; Reaffirms 2015 Adjusted Diluted EPS Guidance
06/22 ALTRIA : Fight intensifies over Mpls. plan to limit sale of flavored tobacco
06/11 ALTRIA GROUP INC : ex-dividend day
06/09DJWireless Chip Vendor Qorvo to Replace Tobacco Maker Lorillard on S&P 500
06/09 ALTRIA : to Host Webcast of Its Investor Day
06/08DJReynolds-Lorillard Deal Clears Final Hurdle as Judge Grants Approval--Update
06/08DJReynolds-Lorillard Deal Clears Final Hurdle as Judge Grants Approval
06/08DJReynolds-Lorillard Deal to Close June 12
06/02DJTobacco Companies Drop Suit Against FDA Over Labeling
Advertisement
Chart
Duration : Period :
Altria Group Inc Technical Analysis Chart | MO | US02209S1033 | 4-Traders
Income Statement Evolution
More Financials