Altria: Q4 Results Show This Dividend King Can Still Double Your Money Every 7 Years
MOAltria(MO) Seeking Alpha·2024-02-13 04:53

Anton Petrus/Moment via Getty Images Altria (NYSE:MO) is a "Dividend King" and there are only about 55 companies that currently qualify for this title. To make this list, a company needs to have at least 50 years of consecutive dividend increases. Altria has a 54-year history of consecutive dividend increases. The company has been able to do this in spite of major regulations and in spite of declines in tobacco usage, which is impressive. The tobacco industry has consistently been able to make up for reduce ...