Will Mo increase its dividend in 2021?
(Altria) (NYSE: MO) today announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 4.7% to $0.90 per share versus the previous rate of $0.86 per share. The quarterly dividend is payable on October 12, 2021 to shareholders of record as of September 15, 2021.
What months does Mo pay dividends?
MO Dividend History
|Ex/EFF DATE||TYPE||PAYMENT DATE|
Is Mo a monthly dividend?
Altria Group (NYSE:MO) pays quarterly dividends to shareholders.
Is Mo a dividend king?
Two sectors — consumer defensive and industrials — each have eight stocks on the 2021 Dividend Kings list.
2021 Dividend Kings.
|Company||Sector||Consecutive Years of Dividend Increases|
|H.B. Fuller (NYSE:FUL)||Basic materials||52|
|Altria Group (NYSE:MO)||Consumer defensive||51|
Is Mo dividend qualified?
Qualified dividends – those paid by most corporations – are also taxed at the lower capital-gains rate for most investors. … Altria Group (NYSE: MO), the company behind Marlboro cigarettes, is the exemplar of the wealth-generating power of buy-and-hold, particularly when it’s combined with dividend growth.
How much is the dividend for Mo?
Altria Group (MO) will begin trading ex-dividend on September 14, 2021. A cash dividend payment of $0.9 per share is scheduled to be paid on October 12, 2021. Shareholders who purchased MO prior to the ex-dividend date are eligible for the cash dividend payment.
Which stock has the highest dividend?
Nine highest-paying dividend stocks in the S&P 500:
- Exxon Mobil Corp. (XOM)
- The Williams Companies Inc. (WMB)
- Oneok Inc. (OKE)
- PPL Corp. (PPL)
- Kinder Morgan Inc. (KMI)
- Altria Group Inc. (MO)
- AT&T Inc. (T)
- Lumen Technologies Inc. (LUMN)
Is Altria a good dividend stock?
Altria stock currently offers a 7.3% Dividend Yield, from an annual dividend of $3.44, which is likely to be raised again in August. Altria’s dividend is easily affordable on current earnings, with a Payout Ratio that is just under the 80% management target.
Is MO a good investment?
Moreover, MO stock has mediocre ratings. Earnings growth might tick higher this year. But revenue has bounced between anemic growth and modest declines. IBD recommends investors focus on stocks that are closer to their highs and that have Composite Ratings of 90 or higher.
MO pays a dividend of $3.48 per share. MO’s annual dividend yield is 7.81%.
What is the dividend for KO?
KO pays a dividend of $1.67 per share. KO’s annual dividend yield is 2.96%. Coca Cola’s dividend is higher than the US Beverages – Non-Alcoholic industry average of 2.89%, and it is lower than the US market average of 4.08%.