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Wednesday, 12/23/2020 10:42:02 PM

Wednesday, December 23, 2020 10:42:02 PM

Post# of 2918
Ex-Dividend Reminder: Altria Group
By: BNK Invest | December 22, 2020

Looking at the universe of stocks we cover at Dividend Channel, on 12/24/20, Altria Group Inc (Symbol: MO), Portland General Electric Co. (Symbol: POR), and Zimmer Biomet Holdings Inc (Symbol: ZBH) will all trade ex-dividend for their respective upcoming dividends. Altria Group Inc will pay its quarterly dividend of $0.86 on 1/11/21, Portland General Electric Co. will pay its quarterly dividend of $0.4075 on 1/15/21, and Zimmer Biomet Holdings Inc will pay its quarterly dividend of $0.24 on 1/29/21. As a percentage of MO's recent stock price of $42.78, this dividend works out to approximately 2.01%, so look for shares of Altria Group Inc to trade 2.01% lower — all else being equal — when MO shares open for trading on 12/24/20. Similarly, investors should look for POR to open 0.99% lower in price and for ZBH to open 0.16% lower, all else being equal.

When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Portland General Electric Co. (Symbol: POR) is a "future dividend aristocrats contender," with 14+ years of increases.

Below are dividend history charts for MO, POR, and ZBH, showing historical dividends prior to the most recent ones declared.

Altria Group Inc (Symbol: MO):



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