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MO Altria Group dividend history, payout ratio & dates

Altria Group's most recent quarterly dividend of $0.94 per share was on Sep 14, 2022 (ex-date). The annualized payout of $3.64 per share represents a current dividend yield of 7.85%. The latest MO distribution of $0.94 marks a dividend growth of 4.4%.

Key dates

  • MO last dividend date: Sep 14, 2022
  • MO next dividend date: Not announced
MO dividend stats
DPS
$3.64
Dividend yield
7.77%
Payout ratio
141.6%
vs. Consumer Defensive sector
Dividend yield
2.11%
Payout ratio
51.8%

Dividend yield

What is Altria Group current dividend yield

MO has a dividend yield of 7.85% which is higher than the Consumer Defensive sector average. In comparison with the Consumer Defensive sector average of 2.11%, Altria Group's dividend yield is 272% higher. The historical 5-year average of MO's dividend yield is 6.8%, which is lower than the current one.

Dividend history

What is MO dividend payout history and dates

Altria Group has a history of paying dividends since 1994. Our records of MO show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.6% for the last year. And since the stock price has gone up by 4.2% from a year ago, the dividend yield has increased by 0.4%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 14, 2022 Oct 11, 2022 Aug 25, 2022 $0.94 normal
Jun 14, 2022 Jul 11, 2022 May 19, 2022 $0.9 normal
Mar 24, 2022 Apr 29, 2022 Feb 25, 2022 $0.9 normal
Dec 22, 2021 Jan 10, 2022 Dec 8, 2021 $0.9 normal
Sep 14, 2021 Oct 12, 2021 Aug 26, 2021 $0.9 normal
Jun 14, 2021 Jul 9, 2021 May 20, 2021 $0.86 normal
Mar 24, 2021 Apr 30, 2021 Feb 26, 2021 $0.86 normal
Dec 24, 2020 Jan 11, 2021 Dec 16, 2020 $0.86 normal
Sep 14, 2020 Oct 9, 2020 Jul 28, 2020 $0.86 normal
Jun 12, 2020 Jul 10, 2020 May 14, 2020 $0.84 normal
Mar 24, 2020 Apr 30, 2020 Feb 27, 2020 $0.84 normal
Dec 24, 2019 Jan 10, 2020 Dec 11, 2019 $0.84 normal
Sep 13, 2019 Oct 10, 2019 Aug 22, 2019 $0.84 normal
Jun 13, 2019 Jul 10, 2019 May 16, 2019 $0.8 normal
Mar 22, 2019 Apr 30, 2019 Feb 28, 2019 $0.8 normal
Dec 24, 2018 Jan 10, 2019 Dec 12, 2018 $0.8 normal
Sep 13, 2018 Oct 10, 2018 Aug 23, 2018 $0.8 normal
Jun 14, 2018 Jul 10, 2018 May 17, 2018 $0.7 normal
Mar 14, 2018 Apr 10, 2018 Mar 1, 2018 $0.7 normal
Dec 20, 2017 Jan 10, 2018 Dec 6, 2017 $0.66 normal
Sep 14, 2017 Oct 10, 2017 Aug 24, 2017 $0.66 normal
Jun 13, 2017 Jul 10, 2017 May 18, 2017 $0.61 normal
Mar 13, 2017 Apr 10, 2017 Mar 1, 2017 $0.61 normal
Dec 20, 2016 Jan 10, 2017 Dec 7, 2016 $0.61 normal
Sep 13, 2016 Oct 11, 2016 Aug 25, 2016 $0.61 normal
Jun 13, 2016 Jul 11, 2016 May 19, 2016 $0.565 normal
Mar 11, 2016 Apr 11, 2016 Feb 25, 2016 $0.565 normal
Dec 22, 2015 Jan 11, 2016 Dec 9, 2015 $0.565 normal
Sep 11, 2015 Oct 9, 2015 $0.565 normal

Altria Group dividend payout ratio

What is Altria Group dividend payout ratio compared to the sector

Payout ratio

MO has a payout ratio of 141.6% which is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 51.8%, Altria Group's payout ratio is 173% higher.

Total amount of dividends paid per financial year (from cash flow)

MO dividend vs peer dividends

How does MO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MO Altria Group Inc 7.77% $3.64 141.6%
VGR Vector Group Ltd 7.27% $0.8 81.6%
PM Philip Morris International Inc 4.92% $5.02 89.3%

Frequently asked questions

Does Altria Group pay a dividend?

Yes, Altria Group has been paying dividends for the last 28 years.

When is Altria Group's next dividend?

MO hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in December 2022.

When was MO's last dividend?

Altria Group's last regular dividend was on Sep 14, 2022 (ex-date) with the amount of $0.94 per share.

How much dividend does Altria Group pay (per share)?

On an annual basis MO pays $3.64 per share.

What is Altria Group's dividend yield?

Altria Group's current dividend yield is 7.85%.

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 141.6%.

Does Altria Group pay a good dividend?

Altria Group's dividend yield is higher than the Consumer Defensive sector average.