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Central Pacific Bank Trust Division ups Altria stake as company beats earnings, hikes dividend.
Central Pacific Bank Trust Division increased its stake in Altria Group by 2.4%, holding 36,254 shares worth $2.126 million.
Altria reported earnings of $1.44 per share, $0.07 above expectations, and raised its dividend to $1.06 per share, up from $1.02.
The company, known for tobacco products like Marlboro cigarettes and NJOY ACE e-vapor, has a market cap of $111.95 billion and a dividend yield of 6.4%.
Altria's FY 2025 EPS guidance is set at 5.350-5.450, aligning with analysts' forecasts.
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La División de Fideicomisos de Central Pacific Bank aumenta la participación de Altria a medida que la compañía supera las ganancias y aumenta los dividendos.