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The Altria Group, ticker symbol MO, was down 8.31% after reporting earrings. This boosted the dividend yield to nearly 10%. That is massive yield for a reliable and growing dividend paying company like Altria. They just recently raised their dividend by 4.3% a few months ago. Altria management reaffirmed their guidance of targeting low to mid single digit dividend growth. So why is the stock down so much?

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Dividend Growth Investing provides the ability to create cash flow, without selling your position in a stock. This type of investing has a strong compounding effect when dividends are being reinvested back into your holdings. Over time, Dividend Investing can be your pathway to financial freedom!

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