MO Altria Group dividend history, payout ratio & dates
Altria Group's most recent dividend of $1.02 per share was on Sep 16, 2024 (ex-date). The annualized payout of $3.96 per share represents a current dividend yield of 7.41%. The latest MO distribution of $1.02 marks a dividend growth of 4.1%.
Key dates
- MO last dividend date: Sep 16, 2024
MO dividend stats
vs. Consumer Defensive sector
Dividend yield
MO has a dividend yield of 7.41% which is higher than the Consumer Defensive sector average. In comparison with the Consumer Defensive sector average of 2.54%, Altria Group's dividend yield is 192% higher. The historical 5-year average of MO's dividend yield is 8.2%, which is higher than the current one.
Dividend history
Altria Group has a history of paying dividends since 1994. Our records of MO show that the company has issued three dividends in the last twelve months. The annualized DPS has increased by 3.1% for the last year. But since the stock price has gone up by 32% from a year ago, the dividend yield has decreased by 22%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 16, 2024 | $1.02 | 7.66% |
| Jun 14, 2024 | $0.98 | 8.84% |
| Mar 22, 2024 | $0.98 | 9.03% |
| Dec 20, 2023 | $0.98 | 9.53% |
| Sep 14, 2023 | $0.98 | 8.62% |
| Jun 14, 2023 | $0.94 | 8.56% |
| Mar 23, 2023 | $0.94 | 8.56% |
| Dec 21, 2022 | $0.94 | 8.07% |
| Sep 14, 2022 | $0.94 | 8.72% |
| Jun 14, 2022 | $0.9 | 7.78% |
| Mar 24, 2022 | $0.9 | 6.78% |
| Dec 22, 2021 | $0.9 | 7.51% |
| Sep 14, 2021 | $0.9 | 7.19% |
| Jun 14, 2021 | $0.86 | 7.15% |
| Mar 24, 2021 | $0.86 | 6.91% |
| Dec 24, 2020 | $0.86 | 8.15% |
| Sep 14, 2020 | $0.86 | 7.86% |
| Jun 12, 2020 | $0.84 | 8.59% |
| Mar 24, 2020 | $0.84 | 10.25% |
| Dec 24, 2019 | $0.84 | 6.52% |
| Sep 13, 2019 | $0.84 | 7.71% |
| Jun 13, 2019 | $0.8 | 6.25% |
| Mar 22, 2019 | $0.8 | 5.54% |
| Dec 24, 2018 | $0.8 | 6.31% |
| Sep 13, 2018 | $0.8 | 4.65% |
| Jun 14, 2018 | $0.7 | 4.8% |
| Mar 14, 2018 | $0.7 | 4.12% |
| Dec 20, 2017 | $0.66 | 3.5% |
| Sep 14, 2017 | $0.66 | 4% |
| Jun 13, 2017 | $0.61 | 3.26% |
| Mar 13, 2017 | $0.61 | 3.17% |
| Dec 20, 2016 | $0.61 | 3.49% |
| Sep 13, 2016 | $0.61 | 3.63% |
| Jun 13, 2016 | $0.565 | 3.49% |
| Mar 11, 2016 | $0.565 | 3.57% |
| Dec 22, 2015 | $0.565 | 3.76% |
| Sep 11, 2015 | $0.565 | 4.04% |
| Jun 11, 2015 | $0.52 | 4.3% |
| Mar 12, 2015 | $0.52 | 3.92% |
Altria Group dividend payout ratio
Payout ratio
MO has a payout ratio of 66.8% which is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 52.6%, Altria Group's payout ratio is 27% higher.
Total amount of dividends paid per financial year (from cash flow)
MO dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MO Altria Group Inc | 7.41% | $3.96 | 66.8% |
| PM Philip Morris International Inc | 4.27% | $5.25 | 83.2% |
Frequently asked questions
Does Altria Group pay a dividend?
Yes, Altria Group has been paying dividends for the last 30 years.
When was MO's last dividend?
Altria Group's last regular dividend was on Sep 16, 2024 (ex-date) with the amount of $1.02 per share.
How much dividend does Altria Group pay (per share)?
On an annual basis MO pays $3.96 per share.
What is Altria Group's dividend yield?
Altria Group's current dividend yield is 7.41%.
How often does Altria Group pay dividends?
Altria Group has a quarterly dividend frequency.
What is Altria Group's dividend payout ratio?
The dividend payout ratio of Altria Group is 66.8%.
Does Altria Group pay a good dividend?
Altria Group's dividend yield is higher than the Consumer Defensive sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.