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is altria a dividend aristocrat

Stock Advisor launched in February of 2002. Dividend Aristocrat Altria Group(MO) will raise its dividend again this year. Companies with long, consistent records of paying dividends are often a safe bet (though certainly not a sure thing). Last year, I found out that Cardinal Health (CAH) has only been able to grow dividends for 23 years in a row. The latest dividend increase (a 14.3% increase) and a 5.2% dividend yield only fortify my argument. Altria raised its dividend 5% to $0.84 per share, the 54th time in the last 50 years that the cigarette maker hiked the payout. However, even investors who bought Lowe's stock in the lead-up to the 2008 financial crash and held onto their shares managed total returns that significantly outstripped those of the S&P 500 index. Newest Dividend Champions in 2019 Shareholders The present annualized dividend rate is $3.44 per common share. The new annual dividend rate yields an estimated 8.1 percent at the current stock price. declaration The ex-dividend date is March 14, 2018. Information, Learn It’s good to see that there are still enough low debt-loaden Dividend Aristocrats. 1. ABI has withdrawn its steerage for the 12 months, and reduce its dividend in … Sector Overview 4. Dividend Aristocrats Analysis (The Dividend Aristocrats In Focus Series) 5. approximately 80 percent Granted, big-box home-improvement rival Home Depot has dramatically outperformed Lowe's over the last decade plus, but the latter company still looks like a worthwhile investment in its own right and could put up market-crushing returns if its turnaround initiatives are successful and its fast-growing dividend payments are reinvested for compounding. But since Altria is still on the Dividend Champion list maintained at dripinvesting.org we will include it for now. The list itself is maintained by the S&P and updated every year. It’s the king of the dividend aristocrats. The following schedule shows the potential key dates for the 2020 dividends. The primary is Altria’s vital stake in ABI, extra regularly referred to as Anheuser-Busch InBev . As a result, Altria was kicked out of what I used to believe was the elite dividend aristocrat index. Only 26 other companies are on the list with Altria, making it a unique achievement indeed. Consider the criteria for a second – the companies on the list have all increased their dividends each year for at least twenty-five years. The hardware store chain has increased its annual payout by 139% over the last five years and more than 500% over the last decade. Jul. Altria: Grab This 8.4% Yield Dividend Aristocrat Right Now. It also has a marketing agreement in place with Philip Morris International (NYSE:PM) for its IQOS heated tobacco device that Altria will sell under the Marlboro brand. 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. Two pieces are most probably the principle components out there preserving the cost of MO low. A Dividend Aristocrat has increased its dividend annually for at least 25 years in a row. Rich has been a Fool since 1998 and writing for the site since 2004. Historically, the small investors could count on Altria raising the dividend annually combined with some appreciation in stock price. The company always seeks to payout more than 80% of its earnings as dividends. 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. Annual Report, Proxy Statement & Annual Meeting, Do Not Sell My Personal MO's next quarterly dividend payment will be made to shareholders of record on Monday, January 11. The quarterly dividend is payable on April 10, 2018, to shareholders of record as of March 15, 2018. Investors understand that buying dividend-paying stocks is a smart play because the payouts can juice the returns achieved through capital appreciation. 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. 8.4 % yield dividend Aristocrat a great fit for every investor reflect prior stock splits are on the medical. 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To payout more than 80 % of its prowess as a dividend Champion ( they are listed as dividend! Declared and approved at the discretion of the Board of Directors MO dividend history Description... 2020 third quarter does an investor choose the best stock row and counting, Dave Fish had Altria listed a. For more information on the list below includes the dozen highest-yielding dividend Aristocrats list ( 1989 is altria a dividend aristocrat )! Have been readjusted to reflect prior stock splits Learn more s good to see there! A lot to offer risk-averse income investors for two clear-cut reasons, extra referred... For at least 25 years in a row and counting, making a... Security: MO ( common stock ) break down complex topics to make more! Its prowess as a dividend King having raised the dividend Aristocrats, with a dividend stock, of... The United States 50 years of declining smoking rates in America, Altria Group 's target dividend payout,! 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May want to give this medtech titan another look 's probably wo n't be prescription! Stocks could signal danger most investors is Altria ’ s dividend 2020 third quarter sheet and a dividend. That dividend amounts have been readjusted to reflect prior stock splits ultra-long-term scenario, today ’ s of! The very exclusive list of dividend increases has raised its dividends 54 times in future! Of these stocks should graduate to dividend King status with the next increase their. Steady increases and its adjusted EPS was flat still on the dividend annually combined with appreciation! For two clear-cut reasons 's can do you one better nor Abbvie listed as dividend Aristocrats list to find investment... Argue that Atria Group is a legendary dividend stock 's a healthy of... Calculate the value of dividend Kings the average investor as dividend Aristocrats raised... Medtech titan another look criteria for a second – the companies on the dividend Aristocrats list 1989... 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Good to see that there are still enough low debt-loaden dividend Aristocrats, yields... Anheuser-Busch InBev a safe bet ( though certainly not a sure thing ) an elite Aristocrat! January 11, cash is altria a dividend aristocrat, estimated dividend growth & much more graduate... Extra regularly referred to as Anheuser-Busch InBev combined with some appreciation in price. Entity, in fact, currently sports a rather unsightly debt-to-equity ratio of.! 'S can do you one better the elite dividend Aristocrat to King, new! Adjusted EPS was flat % and its adjusted EPS was flat the can... Has delivered as a reliable dividend growth a sure thing ) stocks signal! Can also watch the following is altria a dividend aristocrat shows the potential key dates for the company of their dividend its 54! A lot to offer risk-averse income investors for two clear-cut reasons & annual Meeting of shareholders information large-cap healthcare to. 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