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$MO said its annualized dividend yield was 3.3% as of July 22, 2016. The company paid more than $1.1Bil in dividends in 2Q16 and $2.2Bil for 1H16. $MO expects to continue to return a large amount of cash to shareholders in the form of dividends by maintaining a dividend payout ratio target of approx. 80% of its adjusted diluted EPS.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.