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Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): Altria Group, Inc. (MO) pays a $4.24 annual dividend ($1.11 quarterly), yielding 6.01% at $74.94/share. Next ex-dividend date 2026-09-15. 16 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 6.01%
Annual Dividend: $4.24 per share
Payout Ratio: 89.3%
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 on brands like Marlboro cigarettes and Copenhagen smokeless tobacco. The current yield stands at 6.19%, with trailing twelve-month payments of $4.24 per share paid quarterly. The next ex-dividend date is September 15, 2026, with the last declared payment at $1.11 per share. A beta of 0.461 points to low price volatility, which suits income-focused investors who prioritize steady cash flow over share price swings.
Altria Group, Inc. pays out 89.3% of earnings as dividends, a payout ratio classified as high (above 75%). That level is sustained by demand for established tobacco and oral nicotine products, including the Marlboro brand and the on! nicotine pouch line, which generate recurring domestic revenue. Altria Group, Inc. dividend safety faces pressure from that payout ratio, 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, which shows growth has not always kept pace with the longer-term average.
| 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 a U.S.-focused tobacco business with a long payment record. The current yield of 6.19% is classified as high (above 4%), though it sits below the 5-year average yield of 7.42%, which means the stock is priced higher relative to its own recent history. Sixteen consecutive years of dividend increases show a commitment to growth, but the 89.3% payout ratio means that growth depends on earnings holding steady. The trade-off is straightforward: a large, recurring income stream paired with limited financial flexibility if business conditions deteriorate.
| 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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