Altria’s $1.06 Dividend Just Landed — Now Its 5.9% Yield Faces a CPI Test
Altria Group Inc. closed Friday at $71.79 and lost 1.3% over the week, lagging the S&P 500’s 1.2% gain by about 2.5 percentage points as its $1.06 quarterly dividend became payable. The five-session decline came on average volume of 6.26 million shares, roughly 24% below the stock’s listed average — light enough to make the selloff less decisive.
