How much dividend does Mo pay?

How much does MO pay in dividends per share?

MO pays a dividend of $3.48 per share.

How often does MO pay dividends?

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.3.

What dividend does MO pay?

A cash dividend payment of $0.9 per share is scheduled to be paid on October 12, 2021. Shareholders who purchased MO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.65% increase over prior dividend payment. At the current stock price of $50.6, the dividend yield is 7.11%.

How much do I get paid in dividends?

A dividend is paid per share of stock — if you own 30 shares in a company and that company pays $2 in annual cash dividends, you will receive $60 per year.

Will Mo raise its dividend in 2021?

(Altria) (NYSE: MO) today announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 4.7% to $0.90 per share versus the previous rate of $0.86 per share. The quarterly dividend is payable on October 12, 2021 to shareholders of record as of September 15, 2021.

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Is Mo a dividend king?

(NYSE: MO) is a manufacturer and seller of cigarettes and oral tobacco products across the US, with some of its primary brands being Marlboro and Black & Mild. The company ranks 10th on our list of the best dividend kings to buy now according to hedge funds. In the first quarter of 2021, Altria Group, Inc.

How long do you have to hold a stock to get a dividend?

In order to receive the preferred 15% tax rate on dividends, you must hold the stock for a minimum number of days. That minimum period is 61 days within the 121-day period surrounding the ex-dividend date. The 121-day period begins 60 days before the ex-dividend date.

Is Mo a good investment?

Valuation metrics show that Altria Group, Inc. may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of MO, demonstrate its potential to outperform the market.

Is Mo a good dividend stock?

MO comes off as the kind of dividend stock which lures in prospective investors due to the high yield, which investors then try to justify buying it. A typical thesis would go as follows: MO has a long history of growing its dividend and is a potential play on the growth of cannabis in the United States.

Are dividend stocks worth it?

Dividend Stocks are Always Safe

Dividend stocks are known for being safe, reliable investments. Many of them are top value companies. The dividend aristocrats—companies that have increased their dividend annually over the past 25 years—are often considered safe companies.

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What stocks pay a monthly dividend?

8. Gladstone Land Corporation (NASDAQ:LAND) Gladstone Land Corporation (NASDAQ:LAND), a publicly traded REIT, is next on our list of the best stocks that pay monthly dividends. The company ranks 8th, and acquires and owns farmland in the US to lease properties to third-party farmers.