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Altria Group, Inc. Declares Quarterly Dividend of $1.06 (NYSE:MO)
Altria Group (NYSE:MO) has declared a quarterly dividend of $1.06 per share, payable on April 30th to shareholders of record on March 25th. The company has a strong dividend history, raising it for 56 consecutive years, and analysts expect its earnings to continue covering the $4.24 annual dividend. Institutional investors hold a significant portion of Altria Group’s stock, with several major firms increasing their positions in recent quarters.