Dividend Increase MO

image Yes today was the big day the big increase. And it was no slouch.

Altria Group is the parent company of Philip Morris USA (cigarettes), UST (smokeless), John Middleton (cigars), Ste. Michelle Wine Estates, NuMark Corp (vapor) & Philip Morris Capital Corp. PMUSA enjoys a 51% share of the US cigarette market, led by its top cigarette brand Marlboro. MO also owns over 10% of Anheuser-Busch InBev, the world’s largest brewer. In March 2008 it spun off its int’l cigarette business to shareholders.

Altria Group Inc. said late Thursday its board of directors has approved a 14% increase to the cigarette maker’s quarterly dividend to 80 cents a share from 70 cents a share. The dividend is payable Oct. 10 to shareholders of record Sept. 14, Altria said.

I have had larger increase with less shares but this one is one of the biggest in terms of dollar wise i have ever had hopefully a i can get a few other companies up like this, LOL.

I own 149 shares of Altria so this gives me an increase of $14.90 per quarter or $59.60 per year. when you add the earlier increase in it comes out to an astounding $78.57 a year raise

 

This is a 14% increase. I own 149 shares this will add $59.60. Every dollar counts and we are counting this also.

MO $59.60

MGIC $3.42

Main $6.30

DUK $5.55

BAC-$27.36

O-$.192   4th raise for this year

Flo – $3.61

AAPL- 32.38

XOM-  $26.4

O- $.192

MO $18.97

PPL $2.88

PEG $32.64

WMT .79

KO $1.27

CVX .32

OHI $5.92

O- $1.08

announced 2017 effective 2018

T $2.028

O-.0825

2018-total raises is $230.91

Have you had any raises lately?

Advertisements

Author: dividendsandhobbies

A Christian first and foremost. I love to invest fish grow a garden etc.

4 thoughts on “Dividend Increase MO”

  1. Congrats on the raise! $59.60 is a nice extra amount of passive income considering all you had to do was hold the position. I had 2 dividend raises in August from a couple positions. My portfolio is still a work in progress, so the raises added $4.97 in dividend income. Keep it up!

    Liked by 1 person

    1. any dividend raise is awesome in my book some are more awesomer than others but all are awesome. you will get there where those raises will get bigger. some months i have less than that but eventually they all get bigger with additions and time. Thanks for stopping by and commenting.

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s