Welcome to My 3rd 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 $5,666.66 / month or $17,000 / quarter in dividend income. 3rd Quarter 2021 I met my goal of $5,000 / month or $15,000 / quarter dividend income and I raised my goal to $5,666.66 / month or $17,000 / quarter dividend income.
3rd Quarter 2021 Dividend Income. Goal $5,666.66 / Month or $17,000 / Quarter
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 $133.15 and dividend yield 2.67 % (.89/share $3.56/year) pays a fluctuating dividend based on company results. Altria’s current stock price $48.17 and dividend yield 7.47 % (.90/share $3.60/year) pays a consistent dividend and has raised the dividend 56 times the past 52 years.
Overview:
New York, October 21, 2021: Blackstone (NYSE:BX) today reported its third quarter 2021 results.
Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “Today, Blackstone reported the best results in our 36-year history. Earnings increased dramatically, and all of our key financial and capital metrics reached record or near-record levels. Most importantly, we continue to deliver outstanding investment performance for our limited partners, with the third quarter capping our best twelve-month period for fund appreciation. Looking forward, we have more avenues for growth than ever before, and I believe we are in the early stages of a long-term acceleration of our business.”
Dividend:
Blackstone has declared a quarterly dividend of $1.09 per share to record holders of common stock at the close of business on November 1, 2021. This dividend will be paid on November 8, 2021. 3rd Quarter 2021 Blackstone Group paid $1.09/share or $6,608.89 based on 6,063.205 shares owned.
Overview: RICHMOND, Va., August 26, 2021–(BUSINESS WIRE)–Altria Group, Inc. (Altria) (NYSE: MO) announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 4.7% to $0.90 per share versus the previous rate of $0.86 per share. The quarterly dividend is payable on October 12, 2021 to shareholders of record as of September 15, 2021. The ex-dividend date is September 14, 2021.
The new annualized dividend rate is $3.60 per share, representing a yield of 7.4% based on Altria’s closing stock price of $48.65 on August 25, 2021.
The dividend increase reflects Altria’s intention to return a large amount of cash to shareholders in the form of dividends and is consistent with Altria’s long-term objective of a dividend payout ratio target of approximately 80% of its adjusted diluted earnings per share. This increase marks the 56th dividend increase in the past 52 years.
Dividend:
Altria Group has declared a quarterly dividend of $0.90 per share to record holders of Class A common stock at the close of business on September 15, 2021. This dividend will be paid on October 12, 2021. 3rd Quarter 2021 Altria Group paid $0.90/share or $9,473.65 based on 10,526.275 shares owned.
This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.
