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 6.98%. 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 6.98% which is higher than the Consumer Defensive sector average. In comparison with the Consumer Defensive sector average of 2.52%, Altria Group's dividend yield is 177% higher. The historical 5-year average of MO's dividend yield is 8.1%, 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 four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.2% for the last year. But since the stock price has gone up by 37% from a year ago, the dividend yield has decreased by 24%.
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 53.6%, Altria Group's payout ratio is 25% 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 | 6.98% | $3.96 | 66.8% |
| PM Philip Morris International Inc | 4.04% | $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 6.98%.
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.