Altria Increases Quarterly Dividend to $1.11 Per Share
Altria (NYSE: MO) announced that its Board of Directors increased the regular quarterly dividend by 4.7% to $1.11 per share, up from $1.06.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
The new annualized dividend rate is
Today’s dividend increase is consistent with our progressive dividend goal that targets mid-single digits dividend per share growth annually through 2028. This increase marks the 61st dividend increase in the past 57 years.
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Source: Altria Group, Inc.