Upcoming Altria Group dividend
Change(%)
+4.08%
Increase
Next payment 1.02$
Next payment date Oct 10, 2024
Last payment 0.98$
Last payment date Jul 10, 2024
00 D 00 H 00 M 00 S
Ex-Dividend: 9/16/24
Confirmed

Altria Group has announced that October 10, 2024 will be the day of dividend payment, with an amount of 1,02 dollars per share.

To take advantage of dividends from Altria Group (MO), it's vital to buy before the Ex-dividend Date, September 16, 2024, and be on the records until the Record Date, September 16, 2024.

The dividend issued by Altria Group on July 10, 2024 amounted to 0.98 dollars.

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

Altria Group paid 6% of its net income in the last fiscal period as dividends.
Altria Group's earnings (20,295,000,064.00$) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of MO.
Dividend payout ratio
Payout Ratio

Dividend calendar of Altria Group

These are the most important events of the Altria Group calendar in 2024:

Event Day
Last trading date September 13, 2024
Ex-Dividend (Ex-Date) September 16, 2024
Record date September 16, 2024
Date of payment October 10, 2024
Data confirmed by the company Altria Group (MO).
Confirmed
Source
Historical annual dividend yields of Altria Group
Over the past 5 years, Altria Group has steadily increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Altria Group vs. the sector
Altria Group's dividend yield (8.12%) is above the sector average (2.98%).
Comparison with industry average
Altria Group's dividend yield is among the top 25% (2.95%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Altria Group
In the last 5 years, Altria Group's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Altria Group

In this table you can see the complete history:

YearEx-DividendAmountTotal
2024
06/14/2024
03/22/2024
0.98 $
0.98 $
1.96 $
2023
12/20/2023
09/14/2023
06/14/2023
03/23/2023
0.98 $
0.98 $
0.94 $
0.94 $
3.84 $
2022
12/21/2022
09/14/2022
06/14/2022
03/24/2022
0.94 $
0.94 $
0.9 $
0.9 $
3.68 $
2021
12/22/2021
09/14/2021
06/14/2021
03/24/2021
0.9 $
0.9 $
0.86 $
0.86 $
3.52 $
2020
12/24/2020
09/14/2020
06/12/2020
03/24/2020
0.86 $
0.86 $
0.84 $
0.84 $
3.4 $
2019
12/24/2019
09/13/2019
06/13/2019
03/22/2019
0.84 $
0.84 $
0.8 $
0.8 $
3.28 $
2018
12/24/2018
09/13/2018
06/14/2018
03/14/2018
0.8 $
0.8 $
0.7 $
0.7 $
3 $
2017
12/20/2017
09/14/2017
06/13/2017
03/13/2017
0.66 $
0.66 $
0.61 $
0.61 $
2.54 $
2016
12/20/2016
09/13/2016
06/13/2016
03/11/2016
0.61 $
0.61 $
0.565 $
0.565 $
2.35 $
2015
12/22/2015
09/11/2015
06/11/2015
03/12/2015
0.565 $
0.565 $
0.52 $
0.52 $
2.17 $
2014
12/22/2014
09/11/2014
06/12/2014
03/12/2014
0.52 $
0.52 $
0.48 $
0.48 $
2 $
2013
12/23/2013
09/12/2013
06/12/2013
03/13/2013
0.48 $
0.48 $
0.44 $
0.44 $
1.84 $
2012
12/21/2012
09/12/2012
06/13/2012
03/13/2012
0.44 $
0.44 $
0.41 $
0.41 $
1.7 $
2011
12/22/2011
09/13/2011
06/13/2011
03/11/2011
0.41 $
0.41 $
0.38 $
0.38 $
1.58 $
2010
12/23/2010
09/13/2010
06/11/2010
03/11/2010
0.38 $
0.38 $
0.35 $
0.35 $
1.46 $
2009
12/28/2009
09/11/2009
06/11/2009
03/12/2009
0.34 $
0.34 $
0.32 $
0.32 $
1.32 $
2008
12/22/2008
09/11/2008
06/11/2008
03/17/2008
0.32 $
0.32 $
0.29 $
0.75 $
1.68 $
2007
12/21/2007
09/12/2007
06/13/2007
03/13/2007
0.75 $
0.75 $
0.69 $
0.86 $
3.05 $
2006
12/22/2006
09/13/2006
06/13/2006
03/13/2006
0.86 $
0.86 $
0.8 $
0.8 $
3.32 $
2005
12/23/2005
09/13/2005
06/13/2005
03/11/2005
0.8 $
0.8 $
0.73 $
0.73 $
3.06 $
2004
12/22/2004
09/13/2004
06/14/2004
03/11/2004
0.73 $
0.73 $
0.68 $
0.68 $
2.82 $
2003
12/18/2003
09/11/2003
06/11/2003
03/12/2003
0.68 $
0.68 $
0.64 $
0.64 $
2.64 $
2002
12/19/2002
09/12/2002
06/26/2002
03/13/2002
0.64 $
0.64 $
0.58 $
0.58 $
2.44 $
2001
12/20/2001
09/17/2001
06/13/2001
03/13/2001
0.58 $
0.58 $
0.53 $
0.53 $
2.22 $
2000
12/13/2000
09/13/2000
06/16/2000
03/16/2000
0.53 $
0.53 $
0.48 $
0.48 $
2.02 $
1999
12/13/1999
09/13/1999
06/11/1999
03/11/1999
0.48 $
0.48 $
0.44 $
0.44 $
1.84 $
1998
12/11/1998
09/11/1998
06/11/1998
03/12/1998
0.44 $
0.44 $
0.4 $
0.4 $
1.68 $
1997
12/11/1997
09/11/1997
06/12/1997
03/13/1997
0.4 $
0.4 $
0.4 $
0.4 $
1.6 $
1996
12/12/1996
09/12/1996
06/12/1996
03/13/1996
0.4 $
0.4 $
0.333333 $
0.333333 $
1.466666 $
1995
12/13/1995
09/13/1995
06/13/1995
03/09/1995
0.333333 $
0.333333 $
0.275 $
0.091667 $
1.033333 $
1994
12/09/1994
09/09/1994
06/09/1994
03/09/1994
0.275 $
0.275 $
0.23 $
0.23 $
1.01 $
1993
12/09/1993
09/09/1993
06/09/1993
03/05/1993
0.216667 $
0.216667 $
0.216667 $
0.216667 $
0.866668 $
1992
12/09/1992
09/09/1992
06/09/1992
03/06/1992
0.216667 $
0.216667 $
0.175 $
0.175 $
0.783334 $
1991
12/10/1991
09/10/1991
06/11/1991
03/08/1991
0.175 $
0.175 $
0.143333 $
0.143333 $
0.636666 $
1990
12/11/1990
09/10/1990
06/11/1990
03/09/1990
0.143333 $
0.143333 $
0.114667 $
0.114667 $
0.516 $
1989
12/11/1989
09/11/1989
06/09/1989
03/09/1989
0.114667 $
0.114583 $
0.09375 $
0.09375 $
0.41675 $
1988
12/09/1988
09/09/1988
06/09/1988
03/08/1988
0.09375 $
0.09375 $
0.075 $
0.075 $
0.3375 $
1987
12/09/1987
09/09/1987
06/09/1987
03/09/1987
0.075 $
0.0625 $
0.0625 $
0.0625 $
0.2625 $
1986
12/09/1986
09/09/1986
06/10/1986
03/10/1986
0.0625 $
0.047917 $
0.047917 $
0.047917 $
0.206251 $
1985
12/10/1985
09/10/1985
06/10/1985
03/11/1985
0.041667 $
0.041667 $
0.041667 $
0.041667 $
0.166668 $
1984
12/10/1984
09/10/1984
06/11/1984
03/09/1984
0.035417 $
0.035417 $
0.035417 $
0.035417 $
0.141668 $
1983
12/09/1983
09/09/1983
06/09/1983
03/03/1983
0.030208 $
0.030208 $
0.030208 $
0.030208 $
0.120832 $
1982
12/09/1982
09/09/1982
06/09/1982
03/04/1982
0.025 $
0.025 $
0.025 $
0.025 $
0.1 $
1981
12/09/1981
09/09/1981
06/09/1981
03/03/1981
0.020833 $
0.020833 $
0.020833 $
0.020833 $
0.083332 $
1980
12/09/1980
09/09/1980
06/10/1980
03/06/1980
0.016667 $
0.016667 $
0.016667 $
0.016667 $
0.066668 $
1979
12/10/1979
09/11/1979
06/11/1979
03/09/1979
0.013 $
0.013 $
0.013 $
0.013021 $
0.052021 $
1978
12/11/1978
09/11/1978
06/12/1978
03/09/1978
0.010667 $
0.010667 $
0.010667 $
0.010667 $
0.042668 $
1977
12/09/1977
09/09/1977
06/10/1977
03/10/1977
0.008583 $
0.008583 $
0.008583 $
0.006771 $
0.03252 $
1976
12/09/1976
09/07/1976
06/08/1976
03/11/1976
0.006771 $
0.006771 $
0.005208 $
0.005208 $
0.023958 $
1975
12/09/1975
09/08/1975
06/09/1975
03/11/1975
0.005208 $
0.004688 $
0.004688 $
0.004688 $
0.019272 $
1974
12/09/1974
09/09/1974
06/11/1974
03/05/1974
0.004167 $
0.004167 $
0.004167 $
0.003646 $
0.016147 $
1973
12/10/1973
09/10/1973
06/11/1973
03/01/1973
0.003646 $
0.003646 $
0.003375 $
0.003375 $
0.014042 $
1972
12/11/1972
09/11/1972
06/12/1972
03/07/1972
0.003375 $
0.003313 $
0.003229 $
0.003229 $
0.013146 $
1971
12/13/1971
09/10/1971
06/11/1971
03/09/1971
0.003229 $
0.003125 $
0.003125 $
0.003125 $
0.012604 $
1970
12/11/1970
09/11/1970
06/10/1970
0.003125 $
0.002604 $
0.002604 $
0.008333 $
1969
12/11/1969
09/11/1969
06/10/1969
03/10/1969
0.002604 $
0.002604 $
0.002604 $
0.002344 $
0.010156 $
1968
12/10/1968
09/12/1968
06/13/1968
03/08/1968
0.002344 $
0.002344 $
0.002344 $
0.001823 $
0.008855 $
1967
12/14/1967
09/13/1967
06/13/1967
03/10/1967
0.001823 $
0.001823 $
0.001823 $
0.001823 $
0.007292 $
1966
12/14/1966
09/13/1966
06/14/1966
03/10/1966
0.001823 $
0.001823 $
0.001823 $
0.001823 $
0.007292 $
1965
12/14/1965
09/14/1965
06/15/1965
03/12/1965
0.001563 $
0.001563 $
0.001563 $
0.001563 $
0.006252 $
1964
12/15/1964
09/15/1964
06/16/1964
03/12/1964
0.001563 $
0.001563 $
0.001563 $
0.001563 $
0.006252 $
1963
12/16/1963
09/16/1963
06/14/1963
03/14/1963
0.001563 $
0.001563 $
0.001563 $
0.001563 $
0.006252 $
1962
12/14/1962
09/14/1962
06/14/1962
03/14/1962
0.001563 $
0.001563 $
0.001563 $
0.001563 $
0.006252 $
Altria Group dividend capture strategy
Step 1: Buy Altria Group shares (MO) one day before ex-dividend date
Date of purchase Sep 13, 2024
Next ex-dividend date Sep 16, 2024
Step 2: Sell Altria Group shares (MO) when the price recovers.
Date of sale (estimated) Sep 26, 2024
Average price recovery 10 days
Average return on cost 2.06%
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, Inc.
Ticker MO
Sector Cyclical Consumer Products
Industry Tobacco
Market Capitalization 85.23B $
Number of Employees 6,400
Description of the company

Altria Group Inc. is a transnational company dedicated to the food, beverage and tobacco industry, it is the owner of the former Philip Morris USA company and the group is formed by US Smokeless tobacco Company, Philip Morris Capital Corp, Nu Mark and John Middleton,

Its beginnings date back to the origin of the Philip Morris company founded in 1902 in New York, manufacturing and marketing mainly cigarettes, they created the Marlboro brand in 1924 promoting it for both men and women, which caused some commotion, in addition to opening up to racial inclusion 30 years before the passage of the Civil Rights Act in the USA.

They bought General Foods and Kraft Foods and it was not until 2003 when they changed the name to Altria Group Inc. In 2008 they separated the Philip Morris division into two, leaving one for U.S. production and another totally independent international division, which caused a drop in production, however, it is still one of the largest tobacco companies in the world.

The group owns the Marlboro, Benson & Hedges, Virginia Slims, Merit, Parliament, Basic, Cambridge, Alpine, Bucks, Dave's, Chesterfield, Commander, Lark, L&M and part of JUUL brands through the Philip Morris USA division.

Frequently asked questions about Altria Group dividends

Altria Group pays dividends on a Trimestral basis.

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.

The CEO of Altria Group in 2024 is Mr. William F. Gifford Jr..

Altria Group has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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