Altria Increases Quarterly Dividend by 4.1% to $1.02 Per Share

Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors voted to increase our regular quarterly dividend by 4.1% to $1.02 per share versus the previous rate of $0.98 per share. The quarterly dividend is payable on October 10, 2024 to shareholders of record as of September 16, 2024. The ex-dividend date is September 16, 2024.

The new annualized dividend rate is $4.08 per share, representing a dividend yield of 7.9% based on our closing stock price of $51.81 on August 21, 2024.

Today’s dividend increase is consistent with our progressive dividend goal that targets mid-single digits dividend per share growth annually through 2028. This increase marks the 59^th dividend increase in the past 55 years.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240822789273/en/

The Altria Group Stock at the time of publication of the news with a raise of +0,08 % to 46,49USD on Tradegate stock exchange (22. August 2024, 19:14 Uhr).