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There’s a lot to talk about Altria Group (MO) – and it’s showing real promise for the future as Altria Group is one of Americas largest tobacco producers and marketers.
Getting dividend payments from Altria Group generally means that you’re putting your money to work by buying equity in the company and holding until the next dividend payment.
If you buy Altria Group stock on or after the ex-dividend payment date, you’re not entitled to the next paid dividend. If you buy Altria Group stock one day before their ex-dividend date, you will receive some dividend payment.
The annual percentage rate (APR) that is paid in return for Altria Group dividends is currently 8.12%. Altria Group is considered to have one of the highest dividends in the stock market.
At the current price of $46.28, with an investment amount of $10,000. You will make a total of $812 for the year from Altria Group dividends.
| Number of shares | Current price | Dividend yield | Annual return |
| 100 | $46.28 | 8.12% | $375.79 |
Altria Group pays dividend 4 times out of the year–the dividend payment dates are in January, April, July, and October. You must hold the Altria Group stock asset for 3 months to get your quarterly Altria Group dividend payment.
You’re Altria Group dividends are paid in January, April, July, and Oct. When you get your Altria Group dividend pay it will sent in the form of cash in the brokerage account that you’re holding the asset in.
The biggest risk, like any other stock is during bear markets when the stock asset drops in value – but bear markets are short-term. Besides the value of the stock during bear markets, Altria Group has been paying dividends to their investors since 1972.
Another potential risk about Altria Group dividends are the cuts. In 2008, the company went from paying $0.75 per share in quarterly dividends to $0.29, and then ramped back to $0.69.
With Altria Group having a very low beta level of 0.66, having a high dividend annual rate of 8.12% compared to many other stocks. However, if you’re in it for the long run, and don’t mind the volatility of the stock during bear markets & the high dividend annual rate, Altria Group offers a reliable way to increase your holdings – and potentially your long-term profits as well.
You can buy Altria Group stock from several well-known exchanges, including:
Since its inception in 1972, Altria Group has grown from a trading range of a few dollars up to an all-time high of nearly $75. Altria Group does bring volatility during bear markets, but has proven over time that the value of the stock recovers and goes higher than its previous high – it also has a high dividend payout, it makes it a great investment in the long-term.