Reported 29 days ago
Altria, a well-known tobacco company and 'Dividend King,' has increased its quarterly dividend by 4.1%, raising its yield to 7.9%. This marks the 59th dividend increase for the company in the last 55 years, solidifying its commitment to consistent payouts. Despite facing risks from declining tobacco consumption and regulatory challenges, Altria's diversified portfolio positions it well for future stability and investor confidence.
Source: YAHOO