Thanks, Altria, for increasing your quarterly dividend to $1.11/share, a 4.7% increase. With my original tranche purchase at $15.99, my 1st tranche simple dividend yield-on-cost is now ($1.11*4)/$15.99=27.8%. Moreover, the large tranche I bought in late December, 2023 is now exhibiting ($1.11*4)/$40.19=11% simple dividend yield-on-cost. Altria has been one of my best investments of all time. (Disc: I'm long $MO. Not investment advice.) https://investor.altria.com/press-releases/news-details/2026/Altria-Increases-Quarterly-Dividend-to-1-11-Per-Share/default.aspx
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11 Comments
Morten from Dividendclub@dividendclub · 12h
Congrats to current shareholders from a former shareholder! 🎉 ~5% increase is great for such a high yielder!
Wendy @wendy66 · 5h
This is beautiful… 📉
Adrian S@sithinvesting · 9h
I’m loving it!!!!!!
SirDudeBroMan @sirdudebroman · 15m
I heard about that from @ryne and I'm glad I hold $MO and am going to for the foreseeable future!
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