Altria boosts quarterly dividend

Altria Group Inc., the Henrico County-based parent company of cigarette maker Philip Morris USA, said its board of directors has agreed to raise the quarterly dividend 10.3 percent.

Shareholders as of Sept. 15 will receive a dividend Oct. 10 of 32 cents per share, up from 29 cents.

The ex-dividend date is Sept. 11, meaning investors who buy that date or later are not entitled to the October dividend payment.