Altria Increases Quarterly Dividend From $0.94 To $0.98 Per Share
Portfolio Pulse from Happy Mohamed
Altria Group, Inc. (MO) has announced an increase in its quarterly dividend from $0.94 to $0.98 per share.
August 24, 2023 | 5:11 pm
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Altria Group's decision to increase its quarterly dividend could make its stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially lead to an increase in demand for Altria's stock, especially among income-focused investors who seek regular dividend income.
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