Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. Altria Group, Inc. was founded in 1822 and is headquartered in Richmond, Virginia.
Altria Dividend Announcement
• Altria announced a quarterly dividend of $1.02 per ordinary share which will be made payable on 2025-01-10. Ex dividend date: 2024-12-26
• Altria annual dividend for 2024 was $4.00
• Altria annual dividend for 2023 was $3.84
• Altria's trailing twelve-month (TTM) dividend yield is 7.2%
• Altria's payout ratio for the trailing twelve months (TTM) is 66.57%
• Altria's dividend growth over the last five years (2018-2023) was 5.06% year
• Altria's dividend growth over the last ten years (2013-2023) was 7.63% year
Altria Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-26 | $1.02 | quarterly | 2025-01-10 |
2024-09-16 | $1.02 | quarterly | 2024-10-10 |
2024-06-14 | $0.98 | quarterly | 2024-07-10 |
2024-03-22 | $0.98 | quarterly | 2024-04-30 |
2023-12-20 | $0.98 | quarterly | 2024-01-10 |
2023-09-14 | $0.98 | quarterly | 2023-10-10 |
2023-06-14 | $0.94 | quarterly | 2023-07-10 |
2023-03-23 | $0.94 | quarterly | 2023-04-28 |
2022-12-21 | $0.94 | quarterly | 2023-01-10 |
2022-09-14 | $0.94 | quarterly | 2022-10-11 |
2022-06-14 | $0.90 | quarterly | 2022-07-11 |
2022-03-24 | $0.90 | quarterly | 2022-04-29 |
2021-12-22 | $0.90 | quarterly | 2022-01-10 |
2021-09-14 | $0.90 | quarterly | 2021-10-12 |
2021-06-14 | $0.86 | quarterly | 2021-07-09 |
2021-03-24 | $0.86 | quarterly | 2021-04-30 |
2020-12-24 | $0.86 | quarterly | 2021-01-11 |
2020-09-14 | $0.86 | quarterly | 2020-10-09 |
2020-06-12 | $0.84 | quarterly | 2020-07-10 |
2020-03-24 | $0.84 | quarterly | 2020-04-30 |
2019-12-24 | $0.84 | quarterly | 2020-01-10 |
2019-09-13 | $0.84 | quarterly | 2019-10-10 |
2019-06-13 | $0.80 | quarterly | 2019-07-10 |
2019-03-22 | $0.80 | quarterly | 2019-04-30 |
2018-12-24 | $0.80 | quarterly | 2019-01-10 |
2018-09-13 | $0.80 | quarterly | 2018-10-10 |
2018-06-14 | $0.70 | quarterly | 2018-07-10 |
2018-03-14 | $0.70 | quarterly | 2018-04-10 |
2017-12-20 | $0.66 | quarterly | 2018-01-10 |
2017-09-14 | $0.66 | quarterly | 2017-10-10 |
2017-06-13 | $0.61 | quarterly | 2017-07-10 |
2017-03-13 | $0.61 | quarterly | 2017-04-10 |
2016-12-20 | $0.61 | quarterly | 2017-01-10 |
2016-09-13 | $0.61 | quarterly | 2016-10-11 |
2016-06-13 | $0.56 | quarterly | 2016-07-11 |
2016-03-11 | $0.56 | quarterly | 2016-04-11 |
2015-12-22 | $0.56 | quarterly | 2016-01-11 |
2015-09-11 | $0.56 | quarterly | 2015-10-09 |
2015-06-11 | $0.52 | quarterly | 2015-07-10 |
2015-03-12 | $0.52 | quarterly | 2015-04-10 |
2014-12-22 | $0.52 | quarterly | 2015-01-09 |
2014-09-11 | $0.52 | quarterly | 2014-10-10 |
2014-06-12 | $0.48 | quarterly | 2014-07-10 |
2014-03-12 | $0.48 | quarterly | 2014-04-10 |
2013-12-23 | $0.48 | quarterly | 2014-01-10 |
2013-09-12 | $0.48 | quarterly | 2013-10-10 |
2013-06-12 | $0.44 | quarterly | 2013-07-10 |
2013-03-13 | $0.44 | quarterly | 2013-04-10 |
Altria Dividend per year
Altria Dividend growth
Altria Dividend Yield
Altria current trailing twelve-month (TTM) dividend yield is 7.2%. Interested in purchasing Altria stock? Use our calculator to estimate your expected dividend yield:
Altria Financial Ratios
Altria Dividend FAQ
Other factors to consider when evaluating Altria as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Altria's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Altria publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Altria distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Altria are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Altria sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Altria distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Altria declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Altria's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Altria's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.