And the first stock we're going to be looking at is Altria, stock ticker mo, who just announced a 4.7% dividend increase. Now, Altria is actually a stock that I've held in my personal portfolio for just a few years now, and on a total return basis, I've performed very well.
Altra is up by close to 90%. And keep in mind, at the time that I added this stock, it was yielding roughly 9%. So, when we look at my dividend yield on cost, it's now sitting closer to 10%. It's at 9.63%.
It's been a long time since I've covered Altria Group stock ticker M O. But with some of the recent news, such as the earnings report that they just released, as well as the news of a new dividend hike, I think it's a good time to revisit Altra and analyze where the stock is at right now.
