Altria Group, Inc. Increases Quarterly Dividend 7.4% to $0.73 Per Share.
NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Board of Directors of Altria Group, Inc. (NYSE NYSE
See: New York Stock Exchange : MO)
today voted to increase the company's regular quarterly dividend by
7.4%, to an annualized annualized
Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. rate of $2.92 per common share.
The new quarterly dividend of $0.73 per common share, up from $0.68
per common share, is payable on October 12, 2004, to stockholders of
record as of September 15, 2004. The ex-dividend date is September 13,
2004.
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