Welcome to My 4th 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 $6,666.67 / month or $20,000 / quarter in dividend income. 4th Quarter 2021 I blew past my goal of $5,666 / month or $17,000 / quarter dividend income and I raised my goal to $6,666.67 / month or $20,000 / quarter dividend income.
4th Quarter 2021 Dividend Income. Goal $6,666.67 / Month or $20,000 / 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 $120.81 and dividend yield 3.57 % (.89/share $3.57/year) pays a fluctuating dividend based on company results. Altria’s current stock price $50.75 and dividend yield 7.28 % (.90/share $3.60/year) pays a consistent dividend and has raised the dividend 56 times the past 52 years.
Blackstone Group Overview:
New York, January 27, 2022: Blackstone (NYSE:BX) today reported its fourth quarter and full year 2021 results. Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “Blackstone’s fourth quarter results represented a remarkable finish to a record-breaking year. Our limited partners entrusted us with $270 billion of inflows in 2021, with assets under management rising 42% to $881 billion – our fastest growth rate in over a decade. Outstanding investment performance and the power of our brand are leading to share gains in multiple customer
channels, driving exceptional earnings momentum for our shareholders.”
Blackstone Group Dividend:
Blackstone has declared a quarterly dividend of $1.45 per share to record holders of common stock at the close of business on February 7, 2022. This dividend will be paid on February 14, 2022. 4th Quarter 2021 Blackstone Group paid $1.45/share or $8,791.65 based on 6,063.205 shares owned.
Altria Group Overview:
RICHMOND, Va.–(BUSINESS WIRE)– Altria Group, Inc. (Altria) (NYSE: MO) today reports its 2021 fourth-quarter and full-year business results and provides its 2022 full-year adjusted diluted earnings per share (EPS) guidance.
“Altria delivered outstanding results in 2021 across our businesses, including strong financial performance, progress toward our Vision and advancements in our ESG efforts,” said Billy Gifford, Altria’s Chief Executive Officer.
“We returned more than $8.1 billion in cash to shareholders in 2021 through dividends and share repurchases. This total represents the third-largest single-year cash return in Altria’s history and the largest annual return since 2002.”
“Our plans for the year ahead include a continuation of our strategy to balance earnings growth and shareholder returns with investments toward our Vision. We expect to deliver 2022 full-year adjusted diluted EPS in a range of $4.79 to $4.93, representing a growth rate of 4% to 7% from an adjusted diluted EPS base of $4.61 in 2021.”
Altria Group Dividend:
RICHMOND, Va.–(BUSINESS WIRE)– Altria Group, Inc. (Altria) (NYSE: MO) today announced that its Board of Directors declared a regular quarterly dividend of $0.90 per share, payable on January 10, 2022 to shareholders of record as of December 23, 2021. The ex-dividend date is December 22, 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. 4th 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.