Altria Group Raises Dividend 4.4% to 94 Cents
25 August 2022 - 9:21PM
Dow Jones News
By Denny Jacob
Altria Group Inc. said Thursday that its board increased its
quarterly dividend by 4.4% to 94 cents a share from 90 cents.
The maker of Marlboro cigarettes said the dividend is payable on
Oct. 11 to shareholders of record as of Sept. 15.
The company said its new annualized dividend rate is $3.76 a
share, a dividend yield of 8.2% based on Wednesday's closing price
of $45.80.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
August 25, 2022 15:06 ET (19:06 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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