Altria Group dividend – Altria Group Announces Special Dividend: Find Out How and When to Get It

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Altria Group ($NYSE:MO) Inc. recently announced that it will be paying a special dividend to shareholders. Altria Group Inc., commonly referred to as Altria, is an American tobacco company that sells popular brands such as Marlboro cigarettes, Skoal, Copenhagen, and Black & Mild cigars. It also has investments in Anheuser-Busch InBev, Cronos Group, and Juul. Shareholders can expect to see the payment as a direct deposit, mailed check, or in their brokerage accounts depending on their banking institution.

Dividends – Altria Group dividend

The ALTRIA Group has recently announced a special dividend for 2021. The last three years the company has issued an annual dividend per share of 3.72, 3.68, and 3.52 USD to its investors. This year, the dividend yields are expected to be 7.75%, 7.46%, and 7.53% from 2021 to 2023, with an average dividend yield of 7.58%. If you are looking for dividend stocks, ALTRIA GROUP may be worth considering as it has a good track record when it comes to dividend payments. It is important to research the company and its financials to ensure that it is a good investment for your portfolio.

Additionally, it is important to take into account factors such as the position of the company in the market, its track record, and the potential growth opportunities before making any decisions.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Altria Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Altria Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Altria Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Altria Group are shown below. More…

Stock Price

The announcement of this dividend shows that Altria Group is dedicated to returning value to its shareholders. It also serves as an indication of the company’s health and financial stability. On Tuesday, ALTRIA GROUP stock opened at $44.5 and closed at $44.3, down by 0.6% from the last closing price of 44.6. The special dividend will provide investors with an opportunity to receive additional income and gain exposure to the company’s growth potential.

Altria Group will continue to monitor and assess the economic environment and make adjustments to its balance sheet accordingly. Shareholders should monitor the stock prices of Altria Group and take advantage of this special dividend when it is paid out later this month. Live Quote…

Analysis

At GoodWhale, we conducted an analysis of ALTRIA GROUP‘s wellbeing. Based on our Risk Rating analysis, ALTRIA GROUP is a medium risk investment for financial and business aspects. Specifically, we detected two risk warnings in the income sheet and balance sheet associated with this company. If you’re interested in learning more, register on GoodWhale.com to check out the details. With our tools, you can make informed decisions on all your investments. More…

Peers

The tobacco industry is fiercely competitive, with Altria Group Inc up against Swedish Match AB, Imperial Brands PLC, British American Tobacco PLC, and other companies. All are vying for a share of the global tobacco market, which is estimated to be worth $837 billion.

– Swedish Match AB ($LTS:0GO4)

Founded in 1862, Swedish Match is a leading manufacturer of tobacco products with a portfolio of well-known brands, including Red Man, Timber Wolf, and White Owl. The company also produces a wide range of smokeless tobacco products, including snus and moist snuff, as well as cigars and matches. Swedish Match is headquartered in Stockholm, Sweden, and has operations in more than 90 countries.

Swedish Match has a market capitalization of 167.51 billion as of 2022 and a return on equity of -107.57%. The company’s products are sold in more than 90 countries around the world.

– Imperial Brands PLC ($LSE:IMB)

Imperial Brands PLC is a tobacco company with a market cap of 19.07B as of 2022. The company has a Return on Equity of 50.52%. Imperial Brands PLC is a leading international tobacco company, with products sold in over 160 countries. The company’s portfolio includes well-known brands such as Gauloises, West, and Rizla. Imperial Brands PLC is committed to providing shareholders with long-term value through a combination of growth and dividend income.

– British American Tobacco PLC ($LSE:BATS)

British American Tobacco PLC is a large multinational tobacco company with operations in over 50 countries. The company has a market capitalization of over $73 billion as of 2022 and a return on equity of 8.35%. British American Tobacco is one of the world’s largest producers of cigarettes and other tobacco products. The company’s brands include Dunhill, Lucky Strike, and Pall Mall. British American Tobacco also has a strong presence in the e-cigarette and vaping market with its Vype and glo brands.

Summary

Altria Group is an American tobacco and consumer goods company with a wide array of products and services. As it stands, Altria Group shareholders are expecting a special dividend payout. To help investors decide if this pay-out will be beneficial to them, it is important to look at the amount of the dividend, when it will be paid, and how to go about receiving it. Investors can receive the dividend either in cash or by having their shares reinvested.

When the dividend is issued, investors have the option to receive the payment in either form and should decide which best suits their individual needs. Overall, Altria Group’s special dividend could provide a good return on investment for its shareholders.