Altria Group's most recent quarterly dividend of $0.98 per share was on Sep 14, 2023 (ex-date). The annualized payout of $3.8 per share represents a current dividend yield of 8.92%. The latest MO distribution of $0.98 marks a dividend growth of 4.3%.
MO has a dividend yield of 8.92% which is higher than the Consumer Defensive sector average. In comparison with the Consumer Defensive sector average of 2.4%, Altria Group's dividend yield is 272% higher. The historical 5-year average of MO's dividend yield is 7.7%, which is lower than the current one.
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 4.4% for the last year. And since the stock price has gone down by 9% from a year ago, the dividend yield has increased by 15%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 14, 2023 | Oct 10, 2023 | Aug 24, 2023 | $0.98 | normal |
Jun 14, 2023 | Jul 10, 2023 | May 18, 2023 | $0.94 | normal |
Mar 23, 2023 | Apr 28, 2023 | Mar 1, 2023 | $0.94 | normal |
Dec 21, 2022 | Jan 10, 2023 | Dec 7, 2022 | $0.94 | normal |
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 |
MO has a payout ratio of 77.4% which is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 49.4%, Altria Group's payout ratio is 57% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MO Altria Group Inc | 8.92% | $3.8 | 77.4% |
VGR Vector Group Ltd | 7.21% | $0.8 | 72.7% |
PM Philip Morris International Inc | 5.43% | $5.11 | 99.2% |
Yes, Altria Group has been paying dividends for the last 29 years.
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 2023.
Altria Group's last regular dividend was on Sep 14, 2023 (ex-date) with the amount of $0.98 per share.
On an annual basis MO pays $3.8 per share.
Altria Group's current dividend yield is 8.92%.
Altria Group has a quarterly dividend frequency.
The dividend payout ratio of Altria Group is 77.4%.
Altria Group's dividend yield is higher than the Consumer Defensive sector average.