Altria Increases Quarterly Dividend by 8.3% to $0.52 per Common Share Business Wire RICHMOND, Va. -- August 21, 2014 Altria Group, Inc. (Altria) (NYSE:MO) today announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 8.3% to $0.52 per common share versus the previous rate of $0.48 per common share. The quarterly dividend is payable on October 10, 2014 to shareholders of record as of September 15, 2014. The ex-dividend date is September 11, 2014. The new annualized dividend rate is $2.08 per common share, representing a yield of 4.9% based on Altria’s closing stock price of $42.46 on August 20, 2014. Today’s dividend increase reflects Altria’s intention to return a large amount of cash to shareholders in the form of dividends and is consistent with Altria’s dividend payout ratio target of approximately 80% of its adjusted diluted earnings per share. Altria has increased its dividend 48 times in the last 45 years. Contact: Altria Client Services Investor Relations 804-484-8222 or Altria Client Services Media Relations 804-484-8897
Altria Increases Quarterly Dividend by 8.3% to $0.52 per Common Share
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