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(08-26-2021, 02:49 PM)EricL Wrote: Altria (NYSE:MO) declares $0.90/share quarterly dividend, 4.7% increase from prior dividend of $0.86.
Forward yield 7.39%
Payable Oct. 12; for shareholders of record Sept. 15; ex-div Sept. 14.
Great news and I just added more after hours. Where else can you get that kind of payout.
Sure people hate the company and bash it. But that's a Solid increase and just 1.6 pp under the target payout ratio of 80% based on minimum guidance of $4.59
Give me MO over VZ and T any day
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(08-26-2021, 04:52 PM)MrFortune Wrote: (08-26-2021, 02:49 PM)EricL Wrote: Altria (NYSE:MO) declares $0.90/share quarterly dividend, 4.7% increase from prior dividend of $0.86.
Forward yield 7.39%
Payable Oct. 12; for shareholders of record Sept. 15; ex-div Sept. 14.
Great news and I just added more after hours. Where else can you get that kind of payout.
Sure people hate the company and bash it. But that's a Solid increase and just 1.6 pp under the target payout ratio of 80% based on minimum guidance of $4.59
Give me MO over VZ and T any day
Agreed. MO MONEY… MO MONEY ?
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(08-26-2021, 10:11 PM)stockguru Wrote: (08-26-2021, 04:52 PM)MrFortune Wrote: (08-26-2021, 02:49 PM)EricL Wrote: Altria (NYSE:MO) declares $0.90/share quarterly dividend, 4.7% increase from prior dividend of $0.86.
Forward yield 7.39%
Payable Oct. 12; for shareholders of record Sept. 15; ex-div Sept. 14.
Great news and I just added more after hours. Where else can you get that kind of payout.
Sure people hate the company and bash it. But that's a Solid increase and just 1.6 pp under the target payout ratio of 80% based on minimum guidance of $4.59
Give me MO over VZ and T any day
Agreed. MO MONEY… MO MONEY ?
Yeah, (ethics aside), MO is just a beast. It is still 10 percent of my DG portfolio by value, and accounts for a bit more than 20 percent of my dividend stream. I'm a little less sanguine than many about the quality of earnings and the payout ratio, so I'm kind of keeping a closer eye on it than I used to, but still confident in it overall.
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(08-26-2021, 11:29 PM)Kerim Wrote: (08-26-2021, 10:11 PM)stockguru Wrote: (08-26-2021, 04:52 PM)MrFortune Wrote: (08-26-2021, 02:49 PM)EricL Wrote: Altria (NYSE:MO) declares $0.90/share quarterly dividend, 4.7% increase from prior dividend of $0.86.
Forward yield 7.39%
Payable Oct. 12; for shareholders of record Sept. 15; ex-div Sept. 14.
Great news and I just added more after hours. Where else can you get that kind of payout.
Sure people hate the company and bash it. But that's a Solid increase and just 1.6 pp under the target payout ratio of 80% based on minimum guidance of $4.59
Give me MO over VZ and T any day
Agreed. MO MONEY… MO MONEY ?
Yeah, (ethics aside), MO is just a beast. It is still 10 percent of my DG portfolio by value, and accounts for a bit more than 20 percent of my dividend stream. I'm a little less sanguine than many about the quality of earnings and the payout ratio, so I'm kind of keeping a closer eye on it than I used to, but still confident in it overall.
Same. I own quite a bit of MO but it makes me nervous around $50 as I am always waiting for the next shoe to drop from regulators.
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(08-27-2021, 12:13 AM)fenders53 Wrote: (08-26-2021, 11:29 PM)Kerim Wrote: (08-26-2021, 10:11 PM)stockguru Wrote: (08-26-2021, 04:52 PM)MrFortune Wrote: (08-26-2021, 02:49 PM)EricL Wrote: Altria (NYSE:MO) declares $0.90/share quarterly dividend, 4.7% increase from prior dividend of $0.86.
Forward yield 7.39%
Payable Oct. 12; for shareholders of record Sept. 15; ex-div Sept. 14.
Great news and I just added more after hours. Where else can you get that kind of payout.
Sure people hate the company and bash it. But that's a Solid increase and just 1.6 pp under the target payout ratio of 80% based on minimum guidance of $4.59
Give me MO over VZ and T any day
Agreed. MO MONEY… MO MONEY ?
Yeah, (ethics aside), MO is just a beast. It is still 10 percent of my DG portfolio by value, and accounts for a bit more than 20 percent of my dividend stream. I'm a little less sanguine than many about the quality of earnings and the payout ratio, so I'm kind of keeping a closer eye on it than I used to, but still confident in it overall.
Same. I own quite a bit of MO but it makes me nervous around $50 as I am always waiting for the next shoe to drop from regulators.
56th dividend increase in past 52 years - #MO - smoke em if you got em.
And this is going to clear $50 soon enough.
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(08-27-2021, 06:39 AM)MrFortune Wrote: (08-27-2021, 12:13 AM)fenders53 Wrote: (08-26-2021, 11:29 PM)Kerim Wrote: (08-26-2021, 10:11 PM)stockguru Wrote: (08-26-2021, 04:52 PM)MrFortune Wrote: Great news and I just added more after hours. Where else can you get that kind of payout.
Sure people hate the company and bash it. But that's a Solid increase and just 1.6 pp under the target payout ratio of 80% based on minimum guidance of $4.59
Give me MO over VZ and T any day
Agreed. MO MONEY… MO MONEY ?
Yeah, (ethics aside), MO is just a beast. It is still 10 percent of my DG portfolio by value, and accounts for a bit more than 20 percent of my dividend stream. I'm a little less sanguine than many about the quality of earnings and the payout ratio, so I'm kind of keeping a closer eye on it than I used to, but still confident in it overall.
Same. I own quite a bit of MO but it makes me nervous around $50 as I am always waiting for the next shoe to drop from regulators.
56th dividend increase in past 52 years - #MO - smoke em if you got em.
And this is going to clear $50 soon enough.
I will prepare to get nervous then. I suspect you are correct. Gubment is pretty busy right now so maybe they will leave MO alone awhile longer. I decided to flip some of my MO over to BTI to spread the risk, then I bought a bunch of BTI and didn't sell MO.
crimsonghost747
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Ubiquiti (NYSE:UI) declares $0.60/share quarterly dividend, 50% increase from prior dividend of $0.40.
Pretty happy with this holding.
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Verizon (NYSE: VZ) declares $0.64/share quarterly dividend, 2% increase from prior dividend of $0.63.
https://seekingalpha.com/news/3736892-ve...y-2-to-064
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(09-02-2021, 02:15 PM)Kerim Wrote: Anyone have any idea why T popped all of a sudden this afternoon? I don't see any news or press release...
Up .46 is a pop
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T not being down on a weekly chart is a pop.
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Lol. Look at the one-day chart, knuckleheads!
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(09-02-2021, 03:18 PM)divmenow Wrote: (09-02-2021, 02:15 PM)Kerim Wrote: Anyone have any idea why T popped all of a sudden this afternoon? I don't see any news or press release...
Up .46 is a pop
Buffet converting his direct tv to T
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