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Altria Group (MO) Dividend Yield, Date & History

Altria Group logo
$53.47 -0.11 (-0.21%)
(As of 12/24/2024 05:19 PM ET)

Altria Group Dividend Summary

Dividend Yield
7.63%
Annual Dividend
$4.08
Next
Dividend Payment
Jan. 10
Dividend Increase
Track Record
56 Years
Annualized 3-Year
Dividend Growth
4.14%
Dividend Payout Ratio
68.92%

Altria Group (MO) pays an annual dividend of $4.08 per share, with a dividend yield of 7.63%. The next quarterly payment of $1.02 per share is scheduled for Friday, January 10, to investors who own the stock before the ex-dividend date of Thursday, December 26. MO has grown its dividend for 56 consecutive years, with an average annual increase of 1.36%. The company currently pays out 68.92% of its earnings and 81.65% of its cash flow as dividends.

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MO Dividend Payments by Quarter

The chart below displays up to four years of Altria Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MO Dividend Yield Over Time

The chart below tracks Altria Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Altria Group vs. The Competition

Compare Altria Group's annual dividend, yield, and 3-year growth rate with averages for Staples and NYSE companies to evaluate its performance against the market.

TypeAltria GroupStaples CompaniesNYSE Companies
Annual Dividend$4.08$0.01$1.39
Dividend Yield7.63%2.83%3.66%
Annualized 3-Year Dividend Growth4.14%8.10%15.74%
Track Record56 years38 years25 years

Altria Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings68.92%
Based on This Year's Estimate79.69%
Based on Next Year's Estimate76.69%
Based on Cashflow81.65%

Altria Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/11/2024quarterly$1.02 - 7.5%12/26/202412/26/20241/10/2025
8/22/2024quarterly$1.02+$0.04
4.08%
7.8%9/16/20249/16/202410/10/2024
5/16/2024quarterly$0.98 - 8.5%6/14/20246/14/20247/10/2024
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2/29/2024quarterly$0.98 - 9.6%3/22/20243/25/20244/30/2024
12/6/2023quarterly$0.98 - 9.46%12/20/202312/21/20231/10/2024
8/24/2023quarterly$0.98+$0.04
4.26%
8.6%9/14/20239/15/202310/10/2023
5/18/2023Quarterly$0.94 - 8.3%6/14/20236/15/20237/10/2023
3/1/2023quarterly$0.94 - 8.15%3/23/20233/24/20234/28/2023

This table shows Altria Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Altria Group Dividend - Frequently Asked Questions

The current dividend yield for Altria Group is 7.63%. Learn more on MO's dividend yield history.

The annual dividend for MO shares is $4.08. Learn more on MO's annual dividend history.

Altria Group pays quarterly dividends to shareholders.

Altria Group's next quarterly dividend payment of $1.02 per share will be made to shareholders on Friday, January 10, 2025.

Altria Group's most recent quarterly dividend payment of $1.02 per share was made to shareholders on Thursday, October 10, 2024.

Altria Group's next ex-dividend date is Thursday, December 26, 2024.

Altria Group's most recent ex-dividend date was Monday, September 16, 2024.

Over the past three years, the company's dividend has grown by an average of 4.14% per year.

Altria Group has increased its dividend for the past 56 consecutive years.

The most recent change in the company's dividend was an increase of $0.04 on Thursday, August 22, 2024.

The dividend payout ratio for MO is:
  • 68.92% based on the trailing year of earnings
  • 79.69% based on this year's estimates
  • 76.69% based on next year's estimates
  • 81.65% based on cash flow

Altria Group's dividend yield of 7.70% is higher than the average Consumer Staples company that issues a dividend. MO has a dividend yield higher than 75% of all dividend-paying stocks 5.76, making it a leading dividend payer. The company's 56 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Altria Group's dividend payout ratio of 68.92% is at a healthy, sustainable level, below 75% of its earnings. However, based on EPS estimates, MO will have a less sustainable dividend payout ratio of 76.69% in the coming year.

Looking at the stock as a whole, market analysts rate Altria Group stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:MO) was last updated on 12/25/2024 by MarketBeat.com Staff
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