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
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glad to hear this as I’ve been invested into MO and PM since 2002! Love that stock even though it is a sin stock. The dividend growth has been amazing!
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Thanks for commenting. I didn’t buy it till the recession but the growth has been good for me also. I plan to add more hopefully sooner rather than later
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Yeah, I am purchasing monthly through their DRIP plan on computershare. If you look at the returns over the last 10 years, they are up over 200%. I will take that growth, not to mention the spin offs and such.
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I buy through sharebuilder. Which suits my need I was looking at another company then but I think sharebuilder bought them out not sure though
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I used ShareBuilder a while back. I ended up on computershare when I turned in my physical stock certificate. Good to hear you are dollar cost averaging then!
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