08-24-2018, 10:08 AM
(08-23-2018, 08:00 PM)DividendGarden Wrote: Altria (NYSE: MO) declares $0.80/share quarterly dividend, 14.3% increase from prior dividend of $0.70.
https://seekingalpha.com/news/3385376-al...0-dividend
WOW.
MO is an unstoppable dividend beast. Second generous raise for the year, and the payout ratio is STILL comfortably below their stated 80 percent target.
And down 2 percent today, so it is offering a 5.45 percent yield right now....
Sorely tempted to buy some.