1 Reason to Buy Altria Stock Before Sept. 15

Altria (NYSE: MO) is one of the world's largest tobacco companies, with well-known brands under its umbrella that include Marlboro, Black & Mild, Parliament, Copenhagen, and Skoal. Although some investors may have reservations about investing in a tobacco company, those who do invest in the company typically do so for one reason: Its ultra-high-yield (and growing) dividend.If you're interested in investing in Altria, you might want to do so before Sept. 15, because that is its ex-dividend date. When it comes to stocks, a company's ex-dividend date is the day by which an investor must own shares of the company to be eligible to receive its next dividend payout. In Altria's case, owning the stock before Sept. 15 will ensure you receive the dividend payout scheduled for Oct. 10.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool