Altria Group stock dividend history, payout ratio & dates (2024)

FAQs

What is the dividend payout ratio for Altria group? ›

Dividend Data

Altria Group, Inc.'s ( MO ) dividend yield is 8.94%, which means that for every $100 invested in the company's stock, investors would receive $8.94 in dividends per year. Altria Group, Inc.'s payout ratio is 80.61% which means that 80.61% of the company's earnings are paid out as dividends.

The company behind the leading Marlboro brand raised its quarterly payout 58 times over the past 54 years. In 2023, Altria distributed about $6.8 billion worth of dividend payments. The stock offers investors a quarterly payout of $0.98 per share.

Ticker pages on Dividend.com make this sort of stock dividend history analysis relatively easy and straightforward; simply search for a ticker using the search box at the top of the page, and scroll down to the Dividend Yield & Stock Price History and Dividend Payout History sections for a visual representation of its ...

Altria Group's next quarterly payment date is on Apr 30, 2024, when Altria Group shareholders who owned MO shares before Mar 22, 2024 received a dividend payment of $0.98 per share.

Altria Group

This month's highest-yielding stock on our list of the best dividend stocks to buy, Altria is trading 11% below our fair value estimate of $49 per share.

Altria has a huge dividend yield, but long-term investors need to look past the alluring yield and focus on the business. It is very easy to lose sight of the most important details when there's one detail that stands out in a huge way.

The tobacco giant still looks like a high-yield trap. Altria (MO 0.31%) is often considered a stable long-term investment for dividend investors. It's the largest tobacco company in America, its stock trades at just 9 times forward earnings, and it pays a hefty forward dividend yield of 8.8%.

Colgate-Palmolive Company (NYSE:CL)

Colgate-Palmolive Company (NYSE:CL) is a Dividend King with one of the longest dividend payout records, paying regular dividends to shareholders for the past 128 years. The company has been raising its dividends consistently for the past 60 years.

Sites like CNBC, Morningstar, The Wall Street Journal, and Investopedia are all great resources available for researching dividend data. For example, on Investopedia's Markets Today page, you can use the stock search tool to enter the company name or ticker symbol that you're researching.

What is a good dividend yield? ›

What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.

A cash dividend is a payment made by a company to its shareholders in the form of cash, usually from the company's profits. On the other hand, a stock dividend involves distributing additional shares of the company's stock to existing shareholders instead of cash.

MO stock offers a high dividend yield of about 10%. Investors seeking regular passive income could consider shares of the leading tobacco company, Altria Group (NYSE:MO). It is a Dividend Aristocrat (learn more about Dividend Aristocrats here).

Our family of companies includes Philip Morris USA, U.S. Smokeless Tobacco Company, John Middleton, Helix Innovations and NJOY.

Altria's current ratio hit its 5-year low in December 2023 of 0.5x. Altria's current ratio decreased in 2021 (0.7x, -9.7%) and 2023 (0.5x, -41.1%) and increased in 2019 (0.6x, +190.9%), 2020 (0.8x, +33.1%), and 2022 (0.8x, +18.2%).

A range of 35% to 55% is considered healthy and appropriate from a dividend investor's point of view. A company that is likely to distribute roughly half of its earnings as dividends means that the company is well established and a leader in its industry.