Altria($MO+0.1%) raises its dividend again after a year, increasing 4.3% to $0.98/share quarterly. At the current share price, that's a 9.1% yield.
Altria now has the highest dividend yield of any tobacco company (followed by $BTI-0.8% at 9%).
But this can also be viewed negatively. Some investors would welcome more debt reduction or buybacks. Personally, I am of the same opinion.
How do you view the move?