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latest dividend raiseThe Motley Fool
•69% Informative
Altria Group is one of the market's rare Dividend Kings , meaning its management has enacted dividend raises at least once annually for at least 50 years in a row .
In mid-August , Altria declared its latest dividend raise by 4% to $ 1.02 per share, which pumps the forward yield up to 7.7% on the most recent closing stock price.
Altria 's big problem is the continued and serious decline of the traditional cigarette market.
The Motley Fool Stock Advisor analyst team identified what they believe are the 10 best stocks for investors to buy now and Altria Group wasn’t one of them.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 731,449 !.
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