Altria Group, Inc. (NYSE:MO) Declares Quarterly Dividend of $1.11

Key Points

• Altria raised its quarterly dividend to $1.11 per share, a 4.7% increase from $1.06. The payment is scheduled for October 9 to shareholders of record on September 15, representing an annualized yield of approximately 6.6%.
• The company has increased its dividend for 56 consecutive years. Its current payout ratio is 76.5%, while analysts expect a 72.6% payout ratio based on projected next-year earnings.
• Altria’s latest quarterly earnings slightly missed expectations, with EPS of $1.48 versus the $1.50 consensus, though revenue rose 1.2% year over year to $5.36 billion. Management issued fiscal 2026 EPS guidance of $5.61–$5.72.

Altria Group, Inc. (NYSE:MO - Get Free Report) declared a quarterly dividend on Thursday, August 27th. Stockholders of record on Tuesday, September 15th will be given a dividend of 1.11 per share on Friday, October 9th. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 4.7% increase from Altria Group's previous quarterly dividend of $1.06.

Altria Group has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 56 years. Altria Group has a dividend payout ratio of 76.5% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings fall. Equities research analysts expect Altria Group to earn $5.84 per share next year, which means the company should continue to be able to cover its $4.24 annual dividend with an expected future payout ratio of 72.6%.

Altria Group Stock Performance

MO stock opened at $67.66 on Friday. The company has a market capitalization of $112.97 billion, a P/E ratio of 14.27, a PEG ratio of 2.45 and a beta of 0.46. The company has a fifty day moving average price of $70.11 and a 200-day moving average price of $68.95. Altria Group has a 52-week low of $54.70 and a 52-week high of $77.06.

Altria Group (NYSE:MO - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.02). The business had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $5.35 billion. Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.The business's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.44 EPS. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, sell-side analysts forecast that Altria Group will post 5.67 earnings per share for the current fiscal year.

About Altria Group

Altria Group, Inc NYSE: MO is a U.S.-based consumer goods company whose principal business is the manufacture and sale of tobacco products. Headquartered in Richmond, Virginia, the company's operations are focused primarily on the U.S. market and include the production, marketing and distribution of cigarettes, smokeless tobacco and cigars. Its flagship cigarette franchise in the United States is sold through its operating subsidiaries and is among the most recognizable cigarette brands in the country.

Altria's principal operating businesses include Philip Morris USA (cigarettes), U.S.

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