Altria stock announced an 8% dividend increase this past week. This is how we achieve FI when eventually we hit that crossover point.
As a DGI person these are these dividend increases are what we look for. This increase will be paid in Oct.
Altria regular returns money to its shareholders as this is the 50th increase in 47 years.
As I own 74.9 shares this will add 13.47 dollars a year to what I already own.
Just shy of 2 hours of minimum wage for doing nothing.
Have to love that.
God bless and have a great weekend