In this section of the page, you will find all the information you need to understand how Altria Group (MO) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.

Upcoming Altria Group dividend
Change(%)
-17.35%
Decrease
Next payment 0.81$
Next payment date Feb 9, 2024
Last payment 0.98$
Last payment date Oct 10, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 1/17/24
Estimated

Altria Group will distribute 0,81 dollars per share in the form of a dividend on February 9, 2024.

The January 17, 2024 is the ex-dividend date. So if you wish to receive Altria Group dividends, you must buy one day before this date.

Altria Group distributed 0.98 dollars per share in the form of a dividend on October 10, 2023.

Altria Group allocates close to 80% of its net profit to the payment of annual dividends, which it has paid out in a constant and increasing manner for more than ten years, with a yield of close to 8.50%, although its payout ratio is very volatile.

The annual interest installment is divided into four parts and deposited to investors on a quarterly basis, as is done by most publicly traded U.S. companies, maintaining an equal schedule between January, April, July and October.

Payout Ratio Altria Group Dividends

In the last fiscal period, Altria Group paid no dividends, resulting in a dividend payout ratio of 0%.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Altria Group has not distributed dividends in the last fiscal period, therefore, the payout ratio is 0%.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Altria Group

This is the Dividend Calendar of Altria Group in 2023.

Event Day
Last trading date January 16, 2024
Ex-Dividend (Ex-Date) January 17, 2024
Record date February 8, 2024
Date of payment February 9, 2024
Dividends schedule Altria Group
Data pending official confirmation from the company Altria Group (MO).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source
Over the past 5 years, Altria Group has not consistently distributed dividends.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Altria Group vs. the sector

Altria Group's dividend yield (0.00%) is below the sector average (2.89%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Altria Group's dividend yield is below the top 75% (1.26%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Over the past 5 years, Altria Group has not consistently distributed dividends.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Altria Group dividend capture strategy

Step 1: Buy Altria Group shares (MO) one day before ex-dividend date
Date of purchase Jan 16, 2024
Next ex-dividend date Jan 17, 2024
Step 2: Sell Altria Group shares (MO) when the price recovers.
Date of sale (estimated) Jan 24, 2024
Average price recovery 7 days
Average return on cost 1.93%
The dividend capture strategy is based on historical Altria Group data. Past performance is no guarantee of future results.

Information about Altria Group

Full name Altria Group
Ticker MO
Sector Cyclical Consumer Products
Industry N/A
Market Capitalization 0.00 $
ISIN N/A
Number of Employees N/A
Address N/A
Phone N/A
Website N/A
Description of the company

Frequently asked questions about Altria Group dividends

Altria Group is listed on the New York Stock Exchange and is part of the Nyse.

Altria Group has the Ticker or stock code MO.

At this moment, the value of a Altria Group share is 0.00$.

Altria Group does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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