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Ex-Dividend Reminder: Altria Group, Johnson Controls International and Arcos Dorados Holdings

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As a percentage of MO's recent stock price of $44.63, this dividend works out to approximately 2.20%, so look for shares of Altria Group Inc to trade 2.20% lower — all else being equal — when MO shares open for trading on 3/22/24. Similarly, investors should look for JCI to open 0.58% lower in price and for ARCO to open 0.54% lower, all else being equal.

When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Altria Group Inc (NYSE:MO) is a "future dividend aristocrats contender," with 15+ years of increases.

Below are dividend history charts for MO, JCI, and ARCO, showing historical dividends prior to the most recent ones declared.

Altria Group Inc (NYSE:MO):

Johnson Controls International plc (NYSE:JCI):

Arcos Dorados Holdings Inc (NYSE:ARCO):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 8.78% for Altria Group Inc, 2.32% for Johnson Controls International plc, and 2.17% for Arcos Dorados Holdings Inc.

In Wednesday trading, Altria Group Inc shares are currently up about 0.3%, Johnson Controls International plc shares are up about 0.9%, and Arcos Dorados Holdings Inc shares are up about 1.4% on the day.