Welcome to My 2nd Quarter 2021 Dividend Report. This Report is dedicated to tracking my quarterly dividend income. Many of you already know I love Growth and Income stocks as a great way to beat inflation while companies pay you to wait while they execute there growth plans. My Goal is to average $5,000/month or $15,000/quarter in dividend income.
2nd Quarter 2021 Dividend Income
My dividend income is devised of investments in Altria (MO) in the Tobacco Industry and Blackstone Group (BX) in the Asset Management Industry. Blackstone Group current stock price $114.36 and dividend yield 2.74 % (.755/share $3.02/year) pays a fluctuating dividend based on company results. Altria’s current stock price $47.26 and dividend yield 7.23 % (.86/share $3.44/year) pays a consistent dividend and has raised the dividend 54 times the past 50 years.
Blackstone has declared a quarterly dividend of $0.70 per share to record holders of common stock at the close of business on August 2, 2021. This dividend will be paid on August 9, 2021.
2nd Quarter 2021 Blackstone paid $0.70/share or $4,244.24 based on 6,063.205 shares owned.
Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “Blackstone again reported outstanding
results in the second quarter, including our best-ever quarter of fund appreciation. Strong investment performance and our culture of innovation have allowed us to meaningfully broaden the clients we serve, including individual investors and insurance companies, and the types of investments we can make. The result is 21% year-over-year growth in total assets under management to a record $684 billion and continued elevation in the power and quality of Blackstone’s earnings.”
May 21, 2021: Altria Group (MO) has declared a quarterly dividend of $0.86 per share to record holders of Class A common stock at the close of business on June 14, 2021. This dividend will be paid on July 9, 2021. 2nd Quarter 2021 Altria Group paid $0.86/share or $9,052.60 based on 10,526.275 shares owned.
RICHMOND, Va. – July 29, 2021 – Altria Group, Inc. (Altria) (NYSE: MO) today reports its 2021 secondquarter and first-half business results and narrows its 2021 full-year adjusted diluted earnings per share (EPS)
guidance. “Altria delivered outstanding results in the second quarter, thanks to the continued strength of our
tobacco businesses and the hard work of our highly talented employees,” said Billy Gifford, Altria’s Chief
Executive Officer. “Our teams have continued their commitment to Moving Beyond SmokingTM by deepening their understanding of adult tobacco consumer preferences, expanding the awareness and availability of our smoke-free product portfolio, and amplifying our voice on harm reduction within the scientific and public health communities.” “With our strong financial performance in the first half, we have raised the lower end of our full-year 2021 adjusted diluted EPS guidance range and now expect full-year adjusted diluted EPS to be in the range of $4.56 to $4.62, representing a growth rate of 4.5% to 6% from a $4.36 base in 2020. This updated guidance reflects continued confidence in our tobacco businesses, investments in smoke-free products and the expected impact of the recently announced agreement to sell our Ste. Michelle Wine Estates business.
This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.