Thursday, August 21, 2014

Dividend Increase – Altria Group Inc. (MO)






Today Altria announces a quarterly dividend increase of from $0.48 to $0.52 per share that’s payable October 10, 2014 to holders of record September 15, 2014. This represents a 8.3% increase to regular quarterly dividends. This is the 48th dividend increase for Altria.

Altria is a Dividend Champions and has paid higher dividends consecutively for 44 years. With current price $42.60, this raise brings their dividend yield to 4.88%. 

Altria will remain in my portfolio and I’m currently holding it with no plans to accumulate more unless there is a big correction.

Since I own 175 shares this will increase my yearly net dividends by $20.86 . (~15.70€).

That increase rises my YOC to 6.18%

Click here to see my portfolio holdings.

You can follow the development of my dividends here.




5 comments:

  1. Great company. Most of the investors have underestimated the tobacco power. MO was boring without its international business but now it's one of the most successful dividend stories.

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  2. Bra utdelningshöjning! Härligt att se. Snart får vi se hur mycket Philip Morris höjer sin utdelning.

    // Christoffer

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  3. Hi DividendHawk! I'm a fellow shareholder of MO (75 shares) and happy with the dividend increase! I'll take 8% increases on nearly 5% dividends anytime!

    BTW, thanks for including DivGro in your blogroll. I recently expanded mine to a full page and I'm returning the favor: http://divgro.blogspot.com/p/blogroll.html

    Cheers
    FerdiS

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  4. Vaikkei suoraan tupakkaan liitykään, mutta paheisiin silti, niin oletko tutustunut useita huippubrändejä hallinnoivaan Diageoon alkoholipuolelta? P/E vajaa 20, aika hyvää tulosta tekee, market cap noin $75mrd, tämän vuoden osinko-% lisäosingon kanssa 3,6 luokkaa. Tällä hetkellä kulkee lähellä 52wk alinta. Tavoitetaso monilla n. 10d korkeammalla.

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    Replies
    1. Moi
      En ole lähemmin tutustunut Diageoon, on kyllä omalla Yahoon tarkkailulistalla. Muutamia artikkeleita olen kyllä lukenut. Diegeo on kasvattanut osinkoaan viimeiset 15 vuotta (http://ukdividendkings.com/list) ja payout ratio on varsin alhainen, joten siinä suhteessa vaikuttaa erittäin hyvältä.

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