Will Altria Group Raise Its Dividend in 2018?
Dividend investors know just how strong tobacco giant Altria Group (NYSE: MO) has been in its history. Altria has delivered amazing returns to its shareholders over the past 50 years, and dividends have made up a huge portion of the company's overall total gains.
Altria has also put together an impressive track record of dividend growth, making more than 50 dividend increases over the past five decades. Yet the tobacco company faces new challenges, such as the threat of nicotine regulation and the global consolidation of its primary competitor in the U.S. cigarette market. Could 2018 bring an end to one of the most impressive runs among dividend stocks in the history of the stock market? Below, we'll take a closer look at how Altria has done lately and whether dividend investors should be concerned.
Current Quarterly Dividend Per Share
Source: Fool.com
Altria Group Inc. Stock
With 8 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 46 € shows a slightly positive potential of 10.46% compared to the current price of 41.65 € for Altria Group Inc..
