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Data last updated: Sep 02, 2026
Snapshot (as of Sep 02, 2026): Altria Group, Inc. (MO) pays a $4.24 annual dividend ($1.11 quarterly), yielding 6.09% at $69.59/share. Next ex-dividend date 2026-09-15. 16 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 6.09%
Annual Dividend: $4.24 per share
Payout Ratio: 85.6%
Ex-Dividend Date: 2026-09-15
Dividend Frequency: quarterly
Sector: Consumer Defensive
Years of Dividend History: 65
Altria Group, Inc. dividend income comes from one of the most recognized tobacco businesses in the United States, built around the Marlboro cigarette brand and a growing portfolio of oral nicotine products like on! pouches. The current yield stands at 6.18%, with a trailing annual dividend rate of $4.24 per share paid quarterly. The next ex-dividend date is September 15, 2026. With a beta of 0.495, MO stock moves at roughly half the volatility of the broader market, which suits income-focused investors who prioritize steadiness over price appreciation.
Altria Group, Inc. pays out 85.6% of earnings as dividends, a payout ratio classified as high (above 75%). That level is sustained by demand for established products across cigarettes, smokeless tobacco, and oral nicotine pouches, categories where Altria Group, Inc. dividend safety has historically been anchored by recurring consumer purchases. The primary pressure point is that an 85.6% payout leaves limited room to absorb an earnings decline without forcing a dividend review.
Altria Group, Inc. dividend history shows a CAGR of 7.2% per year from 2011 to 2025. The per-share annual dividend grew from $1.58 to $4.16 over that period (2026 data is a partial year and excluded from this calculation). The smallest annual increase in the window was 3.5% in 2021, and the largest was 18.1% in 2018, so the pace has varied meaningfully year to year.
| 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 fits income-focused investors who want a high cash yield from an established U.S. tobacco business. At 6.18%, the current yield is classified as high (above 4%), and it sits above the 5-year average yield of 5.59%, meaning buyers today are locking in a yield above what has been typical for this stock. The trade-off is a payout ratio of 85.6%, which leaves little financial cushion. What an investor gets is a large, recurring income stream backed by 16 consecutive years of dividend increases. What they accept is limited room for error if earnings come under pressure.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-15 | $1.1100 |
| 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 |
| Year | Total Dividends |
|---|---|
| 2026 | $3.2300 |
| 2025 | $4.1600 |
| 2024 | $4.0000 |
| 2023 | $3.8400 |
| 2022 | $3.6800 |
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