Dividend Information – Altria (2024)

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Stock Split History

Altria Group, Inc. Security: MO (Common Stock)
Dates Activity Cumulative Stock
4/10/1997 3-for-1 Stock Split 12
10/10/1989 4-for-1 Stock Split 4

Dividend Information – Altria (1)

Dividend Calculator

Calculate the value of dividend returns based on the last dividend declaration date.
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Dividend Information – Altria (2)

Stock Ownership

Interested in owning shares of Altria common stock?
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Dividend Information – Altria (3)

Annual Report, Proxy Statement & Annual Meeting

Recent annual reports, proxy materials and Annual Meeting of Shareholders information.
Learn More


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Dividend Chart

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Dividend Schedule & History

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Potential key dividend dates are declared and approved at the discretion of the Board of' + ' Directors. The following schedule shows the potential key dates for the 2024 dividends.

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Dividend Summary for Altria Group, Inc. Security: MO (NYSE) (Common Stock).

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Please note that dividend amounts have been readjusted to reflect prior stock splits.

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2024 Dividend Schedule

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Declaration Date Ex-Dividend Date Record Date Payment Date
02/29/202403/22/202403/25/202404/30/2024
05/16/202406/14/202406/14/202407/10/2024
08/22/202409/16/202409/16/202410/10/2024
12/11/202412/26/202412/26/202401/10/2025

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Description: Common Stock

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Current Dividend Yield (%) : {{dividendYield}}

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1. While this is our current expectation regarding dividend growth, actual dividend growth rates could differ from this goal. In addition, future dividend payments remain subject to the discretion of our Board of Directors.

Dividend Information – Altria (2024)

FAQs

How safe is Altria dividend? ›

Altria's dividend is safe for now

But if you're a long-term investor looking for a dividend stock you can buy and forget about, Altria isn't it. The company has an uncertain future, and while a dividend cut may not happen in the next year or even the next five, investors shouldn't be too comfortable with the payout.

How much does Altria pay out in 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.

What might a dividend payout tell you about a company group of answer choices? ›

Investors also see a dividend payment as a sign of a company's strength and a sign that management has positive expectations for future earnings, which again makes the stock more attractive. A greater demand for a company's stock will increase its price.

Is Altria a buy sell or hold? ›

Altria Inc.'s market capitalization is $78.85 B by 1.72 B shares outstanding. Is Altria stock a Buy, Sell or Hold? Altria stock has received a consensus rating of hold. The average rating score is and is based on 6 buy ratings, 9 hold ratings, and 7 sell ratings.

Is Altria a dividend trap? ›

Altria is giving investors what they want

The dividend has been increased for years, so management clearly understands that its shareholders want income. In fact, the entire business model is currently geared toward paying that dividend. That's a big problem if your holding period is measured in decades.

Is Altria Group dividend sustainable? ›

Altria's ability to pay dividends is determined by its financing cash flow and balance sheet. It appears that Altria's dividend is sustainable for the foreseeable future, despite a substantial amount of debt and higher interest rates.

Is Mo a dividend aristocrat? ›

Dividend Aristocrat Stocks: Altria (MO)

Altria Group, Inc.

What company stock pays the highest dividend? ›

The 10 Best Dividend Stocks
  • Comcast Corp Class A. (CMCSA)
  • Medtronic PLC. (MDT)
  • Verizon Communications Inc. (VZ)
  • Dow Inc. (DOW)
  • Altria Group Inc. (MO)
May 3, 2024

Who pays highest monthly dividends? ›

Top 10 Highest-Yielding Monthly Dividend Stocks in 2022
  • What dividends and REITs are.
  • ARMOUR Residential REIT – 20.7%
  • Orchid Island Capital – 17.8%
  • AGNC Investment – 14.8%
  • Oxford Square Capital – 13.7%
  • Ellington Residential Mortgage REIT – 13.2%
  • SLR Investment – 11.5%
  • PennantPark Floating Rate Capital – 10%

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.

How do I calculate my dividend payout? ›

To calculate the dividend payout ratio, the formula divides the dividend amount distributed in the period by the net income in the same period. For example, if a company issued $20 million in dividends in the current period with $100 million in net income, the payout ratio would be 20%.

What is a good dividend payout ratio? ›

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.

What is the future outlook for Altria? ›

MO Stock 12 Month Forecast

Based on 8 Wall Street analysts offering 12 month price targets for Altria Group in the last 3 months. The average price target is $43.75 with a high forecast of $50.00 and a low forecast of $36.50. The average price target represents a -5.06% change from the last price of $46.08.

Who owns the most Altria stock? ›

Top Institutional Holders
HolderSharesDate Reported
Vanguard Group Inc159.92MMar 31, 2024
Blackrock Inc.126.66MMar 31, 2024
Capital World Investors70.85MMar 31, 2024
State Street Corporation67.81MMar 31, 2024
6 more rows

What is the fair value of Altria stock? ›

Altria Intrinsic Value - Valuation Summary
RangeSelected
Fair Value123.31 - 123.31123.31
P/E44.98 - 63.0449.65
EV/EBITDA26.9 - 44.1634.96
EPV36.83 - 60.9148.87
7 more rows

What is the safest dividend stock to buy now? ›

Top 25 High Dividend Stocks
TickerNameDividend Safety
ENBEnbridgeSafe
EPDEnterprise Products PartnersSafe
VZVerizonSafe
TAT&TBorderline Safe
6 more rows
May 10, 2024

Is MO a good dividend stock? ›

Altria (NYSE: MO) and AT&T (NYSE: T) are two big names for many dividend investors, and it's no mystery why. While both stocks are trailing the S&P 500 over the past five years, they offer two of the highest dividend yields in the index.

Is Altria increasing their dividend? ›

As of today, Altria Group Inc currently has a 12-month trailing dividend yield of 9.00% and a 12-month forward dividend yield of 9.29%. This suggests an expectation of increased dividend payments over the next 12 months.

Are high dividend reits safe? ›

Bottom line. Investors looking for the highest yields in the REIT world should be careful that they're not buying a stock that is poised to fall, costing them more money than they'd earn with the higher payout.

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