What is the current per-share annual dividend payment for Altria (in $)?: 1.76 is the annual dividend payment. Please correct me if I am wrong 8. Suppose that Altria just made its most recent annual dividend payment yesterday (the amount in #7 above), and you've read that Altria plans to continue increasing its annual dividend payment by 10% each year for the next 5 years. Assume that beyond year 5 the dividend will increase at 4% indefinitely. Calculate a theoretical value for 1 share of Altria stock today. K(Return or CAPM from problem 6 ) is 2.42%