Altria Group boosts dividend by 7.3 percent

Published August 24, 2012 3:18pm ET



RICHMOND, Va. (AP) — Marlboro maker Altria Group is raising its quarterly dividend by 7.3 percent to 44 cents per share from 41 cents per share.

The owner of the nation’s biggest cigarette maker, Philip Morris USA, said Friday that the dividend will be paid on Oct. 10 to shareholders of record on Sept. 14.

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