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How To Earn $500 A Month From Altria Group Stock

Altria Group, Inc. (NYSE:MO) shares closed slightly higher during Friday's session. On May 16, the company's board declared a regular quarterly dividend of 98 cents per share, payable on July 10, to shareholders of record as of June 14. On April 25, Altria Group reported a first-quarter FY24 sales decline of 2.5% year-over-year to $5.58 billion. It beat the analyst consensus estimate of $4.71 billion. With the recent buzz around Altria Group, some investors may be eyeing potential gains from the company's dividends. Altria currently has a dividend yield of 8.39% — a quarterly dividend amount of 98 cents a share ($3.92 a year). To figure out how to earn $500 monthly from Altria, start with the yearly target ...