Here's How Many Shares of Altria Group You Should Own to Get $500 in Yearly Dividends

Generating income from dividends can prove very satisfying and rewarding. After all, you receive regular payments from your investments, as long as you pick reliable dividend-paying companies.Altria Group (NYSE: MO) has made a commitment to returning cash to shareholders. The company states it prioritizes consistently growing dividends, targeting a mid-single-digit percentage annual increase. With some basic math, it's easy to figure out how many shares you'd need to own to generate $500 in annual dividends. From there, you can calculate the investment necessary.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool