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Data last updated: Jul 18, 2026
Snapshot (as of Jul 18, 2026): Altria Group, Inc. (MO) pays a $4.24 annual dividend ($1.06 quarterly), yielding 5.71% at $74.21/share. Next ex-dividend date 2026-06-15. 16 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 5.71%
Annual Dividend: $4.24 per share
Payout Ratio: 87.0%
Ex-Dividend Date: 2026-06-15
Dividend Frequency: quarterly
Sector: Consumer Defensive
Years of Dividend History: 65
Altria Group, Inc. dividend income comes from one of the oldest tobacco companies in the United States, founded in 1822 and built around the Marlboro cigarette brand alongside smokeless products like Copenhagen and on! nicotine pouches. The current yield stands at 5.83%, with trailing annual payments of $4.24 per share paid quarterly. The next ex-dividend date is June 15, 2026. A beta of 0.494 means MO stock moves at roughly half the volatility of the broader market, which suits income investors who prioritize price stability over growth.
Altria Group, Inc. pays out 87.0% of earnings as dividends, a payout ratio classified as high (above 75%). That level is sustained by demand for its combustible tobacco products, led by Marlboro, and a growing oral nicotine segment anchored by the on! brand. Altria Group, Inc. dividend safety faces pressure from that elevated payout, which leaves limited room to absorb earnings declines without affecting the dividend.
Altria Group, Inc. dividend history shows a CAGR of 7.2% per year from 2011 to 2025. Per-share payments grew from $1.58 to $4.16 over that period (2026 data is partial and excluded from this calculation). The smallest annual increase in the window was 3.5% in 2021, while the largest reached 18.1% in 2018.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +4.2% | $3.68 (2022) | $4.16 (2025) |
| 5-Year | +4.1% | $3.40 (2020) | $4.16 (2025) |
| 10-Year | +6.7% | $2.17 (2015) | $4.16 (2025) |
MO stock is built for income-focused investors who want a high cash yield from a U.S. tobacco business with a long payment record. The yield of 5.83% is classified as high (above 4%) and sits above the 5-year average of 5.28%, which means buyers today are locking in above-average income relative to recent history. Sixteen consecutive years of dividend increases show a commitment to growth, though the 87.0% payout ratio means that growth depends on earnings holding steady. The trade-off is straightforward: high current income from Marlboro and oral tobacco revenues, offset by limited financial flexibility at the current payout level.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-15 | $1.0600 |
| 2026-03-25 | $1.0600 |
| 2025-12-26 | $1.0600 |
| 2025-09-15 | $1.0600 |
| 2025-06-16 | $1.0200 |
| 2025-03-25 | $1.0200 |
| 2024-12-26 | $1.0200 |
| 2024-09-16 | $1.0200 |
| 2024-06-14 | $0.9800 |
| 2024-03-22 | $0.9800 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.1200 |
| 2025 | $4.1600 |
| 2024 | $4.0000 |
| 2023 | $3.8400 |
| 2022 | $3.6800 |
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