Altria Group Just Declared Its 61st Dividend Increase in 57 Years. Here's What $10,000 Invested Pays Annually.

Altria Group, a "Dividend King," has increased its dividend for 57 consecutive years, marking its 61st increase in total. While its cigarette business faces declining volumes, the company sustains its dividend growth through pricing power and share repurchase programs. An investment of $10,000 in Altria stock would currently yield $618 annually, making it an attractive option for income-focused investors despite limited growth prospects.