Altria faces concerns over high dividend yield despite 58 consecutive years of dividend increases
MO Altria Group Inc
$76.34 +0.70%
View chart & analysis → - 1Altria is a company that has increased its dividends for 58 consecutive years.
- 2Altria's dividend yield multiple is more than 5 times its dividend yield relative to the S&P 500.
- 3Altria's annual free cash flow potential is $10 billion.
So what's the key point?
Altria has raised its dividends every year for 58 years. This company's dividend yield is more than 5 times higher than the market average.
Source The Motley Fool +1 · View original ↗
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