Altria Dividend Raise.

Image result for altria logo RICHMOND, Va.–(BUSINESS WIRE)– Altria Group, Inc. (Altria) (NYSE:MO) today announced that its Board of Directors (Board) voted to increase Altria’s regular quarterly dividend for the 54th time in the past 50 years. The Board approved a dividend increase to $0.84 per common share versus the previous rate of $0.80 per common share. The quarterly dividend is payable on October 10, 2019, to shareholders of record as of September 16, 2019. The ex-dividend date is September 13, 2019. Here

I was expecting a lower raise so this is a nice surprise. Since i own 197.4781 shares this dividend increase adds $31.59 a year to my dividends. This dividend raise pushes me over the $200.00 in raises for the second straight year but it looks like i will fall short of reaching my goal i set for this year of $270.00 but i can set a new goal next year and hope i beat it. I will have a few small dividend increases left then next years start.

 

The portfolio page has been updated with these changes which you can see here.

MO $31.59

MPW $1.60

DAL $5.46

R $3.12

WBA $1.68

DUK $3.99

BAC  $38.32

KR $6.88

O $.228

LYB $2.00

FLO $4.00

Main $6.48 2nd raise

APTS $.35

AAPL $12.90

XOM $27.4

O $.228 3rd raise

MAIN $6.48

KO $1.20

PEG $33.77

WMT $.80

PPL  $.50

CVX $1.96

O $2.052  2nd raise

T $13.45

O .228

ABBV $7.04

IRM $1.034

2019 total increases $208.15

Have you had any raises lately?

 

 

 

Author: dividendsandhobbies

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

2 thoughts on “Altria Dividend Raise.”

  1. Loved seeing that 5% bump for MO. Especially since I had just picked up more shares earlier in August. I’m up over $225 of raises this year which is pretty damn cool but well below last year’s pace although I expected as much.

    Liked by 1 person

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