Altria Group Just Declared Its 61st Dividend Increase in 57 Years. Here's What $10,000 Invested Pays Annually.
Altria Group has been able to raise prices in order to generate steady cash flows.
Altria Group has been able to raise prices in order to generate steady cash flows.
BELLINGS Intelligence Score: 10
Why it matters
Altria's 61st consecutive dividend increase is a routine corporate financial event reflecting steady cash flow but does not materially affect credit markets or lending conditions for sophisticated professionals.
Sources
The Motley Fool
Altria Group Just Declared Its 61st Dividend Increase in 57 Years. Here's What $10,000 Invested Pays Annually.
Altria Group has been able to raise prices in order to generate steady cash flows.