Thursday, August 25, 2022

MO raises dividend 4.44% --- New yield is 8.11%

 






Today MO raised its quarterly dividend from $.90 to $.94. This represents a 4.44% increase from last year. The dividend is payable on 10/11/22 and the ex-dividend date is 9/14/22.

While it would have been nice to see a dividend hike closer to the rate of inflation, MO was already yielding around 8% so this is somewhat expected.

Since I currently hold 8370 shares, this will increase my yearly dividends $1339.20 from $30,132 to $31,471.20.


Monday, August 22, 2022

July 2022 Dividend Income




 

 


Here is the passive income I received for July

  • MO --- $3033
  • 401K --- $227.10
Total income for the month of July is $3530.10.