AT&T, Altria Group, and ExxonMobil have all seen their share ... maintaining its status as a Dividend Aristocrat. The long and short of it is that this megamerger has ushered in a new period of growth for the company. Altria has moved up from Dividend Aristocrat to King, but new legislation could threaten the tobacco company and others. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. The company always seeks to payout more than 80% of its earnings as dividends. Along the way, Altria has raised its dividend for 48 consecutive years, making it not only a dividend aristocrat, but poised to become a dividend king in 2019. Interested in owning shares of Altria common stock? Altria Group has increased its dividend every year for the past 49 years. information. Altria’s current quarterly dividend is $0.84. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 11.75% each year. And there's good reason to think there are more increases in store in the future. ... Dividends Aristocrats is published as an information service. And with shares down 50% from an all-time high, the dividend yield has soared. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Management's ability to adapt to the tobacco industry's various challenges, along with Altria's portfolio of premium cigarette brands, have allowed the company to raise prices fast enough to offset volume declines and keep its earnings (and dividend) growing. Altria's dividend currently yields 7.2%, and with the company's finger on the pulse of tomorrow's tobacco market, that's a juicy payout indeed. Final ThoughtsYou can also watch the following video for more information on the Dividend Aristocrats and see a table of the Dividend Aristocrats below. Altria has been one of the best-performing stocks of the last 50 years, largely because of its prowess as a dividend stock. Returns as of 01/06/2021. Altria has a long history of rewarding shareholders. Like many companies facing uncertainties due to the coronavirus pandemic, Altria withdrew its 2020 profit forecasts. Chasing yield without looking at the business could be a prescription for disaster as high-yielding income stocks could signal danger. First off, BD's current yield of 1.22% is well below average for a large-cap healthcare stock. 15, 2020 8:35 AM ET Altria Group, Inc. (MO) BTI, BUD, IMBBY... 202 Comments 58 Likes. Cumulative Growth of a $10,000 Investment in Stock Advisor, 3 Dividend Aristocrats to Buy and Hold Forever @themotleyfool #stocks $LOW $MO $BDX $PM $^GSPC $HD, Rich Duprey, Keith Noonan, and George Budwell, leading electronic cigarette manufacturer, 3 Dividend Aristocrats to Buy and Hold Forever, Lowe's Stock Could Blast 40% Higher, According to Analyst, Copyright, Trademark and Patent Information. Altria has raised its dividend for 51 consecutive years, placing it on the very exclusive list of Dividend Kings. Like snus, which is a finely cut tobacco powder that's placed between the cheek and gum, tobacco-free nicotine pouches have the potential to be big sellers as the Food and Drug Administration cracks down on both cigarettes and e-cigs. Rida Morwa. Sector Overview 4. Dividend Aristocrats Analysis (The Dividend Aristocrats In Focus Series) 5. Recent annual reports, proxy materials and Annual Meeting of Altria Group is a bona fide dividend aristocrat. The main interest for most investors is Altria’s dividend. Investors understand that buying dividend-paying stocks is a smart play because the payouts can juice the returns achieved through capital appreciation. The list itself is maintained by the S&P and updated every year. Altria: Grab This 8.4% Yield Dividend Aristocrat Right Now. The dividend may be very neatly lined, for the reason that in 2019 the dividend was once $0.80 1 / 4 and in Q1 2020 it’s been larger to $0.84. Consider the criteria for a second – the companies on the list have all increased their dividends each year for at least twenty-five years. Stock Advisor launched in February of 2002. All told, BD is well positioned to capitalize on the high-value medical device market, thanks to its game-changing merger with C.R. How To Use The Dividend Aristocrats List To Find Dividend Investment Ideas 2. The company has increased its dividend over the last 49 years. MO Dividend History & Description — Altria Group Inc. Altria Group is a holding company. Thank you for the great article. Altria's dividend currently yields 7.2%, and with the company's finger on the pulse of tomorrow's tobacco market, that's a juicy payout indeed. of adjusted earnings per share. Editor's note: This article has been updated to note that Altria is not a Dividend Aristocrat, though it is a Dividend King. Shareholders Annual Report, Proxy Statement & Annual Meeting, Do Not Sell My Personal For those yield-hungry investors, the list below includes the dozen highest-yielding dividend aristocrats, with yields ranging from 3.01% to 5.36%. The ex-dividend date is March 14, 2018. This easily makes it an elite dividend aristocrat (after adjusting for a spinoff of Kraft Foods in 2007). The company's 2.3% yield is comfortably above the S&P 500 average, and Lowe's has also been boosting its payout at a rate that puts most other Dividend Aristocrats and Dividend Kings to shame. The company has raised its payout annually for 56 years straight -- easily clearing the 50-year payout growth bar needed to reach the ranks of Dividend King stocks. Secondly, BD's 2017 merger with fellow medtech giant C.R. MO dividend yield, history, payout ratio, dividend safety rating, cash flow, estimated dividend growth & much more! That's a healthy level of revenue growth for a large-cap healthcare company to be sure. Think an article needs a correction? This comes after a 5.0 percent dividend hike to $0.84 per common share in 2019 and marks the 51st consecutive year of annual dividend increases by the Dividend Aristocrat. The present annualized dividend rate is $3.44 per common share. Rich Duprey (Altria): Tobacco giant Altria, which isn't on the official Dividend Aristocrat list because of how spinoffs have affected its dividend payments, is, however, the newest addition to the rarefied list of Dividend Kings, stocks that have raised their payout for 50 years or more. But with thousands of dividend-paying stocks, how does an investor choose the best stock? The stock has a higher-risk profile than some people will be willing to embrace for an ultra-long-term scenario. Lowe's probably won't be a great fit for every investor. Dividend Summary for Altria Group, Inc. Security: MO (Common Stock). More. approximately 80 percent Keith Noonan (Lowe's): If you're looking for Dividend Aristocrat stocks, Lowe's can do you one better. Performance 3. Companies with long, consistent records of paying dividends are often a safe bet (though certainly not a sure thing).
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