Altria Group (MO) Dividend History & Yield
Dividend ContenderAltria Group (MO) has increased its dividend for 17 consecutive years and currently yields 5.73%. The most recent dividend was $1.0600/share on Apr 30, 2026, paid Quarterly.
Current Yield
5.73%
TTM Dividend/Share
$4.20
Payment Frequency
Quarterly
Payout Ratio
87.9%
Consecutive Growth Years
17 (Dividend Contender)
Div Growth (1Y CAGR)
4.00%
Div Growth (5Y CAGR)
4.12%
Div Growth (10Y CAGR)
6.72%
MO: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
9.8%
FCF payout ratio
20.6%
Net debt / EBITDA
1.8x
Interest coverage
10.29x
ROIC (TTM)
40.3%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 87.9%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($5.41) covers dividend/share ($4.20).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
17 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 20.6%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.1%) exceeds EPS growth (2.5%) — payout ratio expanding.
Per-payment dividend history
Ex-date Jun 15, 2026
- Payment date
- Jul 10, 2026
- Dividend
- $1.0600
- Adj. dividend
- $1.0600
Ex-date Mar 25, 2026
- Payment date
- Apr 30, 2026
- Dividend
- $1.0600
- Adj. dividend
- $1.0600
Ex-date Dec 26, 2025
- Payment date
- Jan 9, 2026
- Dividend
- $1.0600
- Adj. dividend
- $1.0600
Ex-date Sep 15, 2025
- Payment date
- Oct 10, 2025
- Dividend
- $1.0600
- Adj. dividend
- $1.0600
Ex-date Jun 16, 2025
- Payment date
- Jul 10, 2025
- Dividend
- $1.0200
- Adj. dividend
- $1.0200
Ex-date Mar 25, 2025
- Payment date
- Apr 30, 2025
- Dividend
- $1.0200
- Adj. dividend
- $1.0200
Ex-date Dec 26, 2024
- Payment date
- Jan 10, 2025
- Dividend
- $1.0200
- Adj. dividend
- $1.0200
Ex-date Sep 16, 2024
- Payment date
- Oct 10, 2024
- Dividend
- $1.0200
- Adj. dividend
- $1.0200
Ex-date Jun 14, 2024
- Payment date
- Jul 10, 2024
- Dividend
- $0.9800
- Adj. dividend
- $0.9800
Ex-date Mar 22, 2024
- Payment date
- Apr 30, 2024
- Dividend
- $0.9800
- Adj. dividend
- $0.9800
Ex-date Dec 20, 2023
- Payment date
- Jan 10, 2024
- Dividend
- $0.9800
- Adj. dividend
- $0.9800
Ex-date Sep 14, 2023
- Payment date
- Oct 10, 2023
- Dividend
- $0.9800
- Adj. dividend
- $0.9800
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 15, 2026 | Jul 10, 2026 | $1.0600 | $1.0600 |
| Mar 25, 2026 | Apr 30, 2026 | $1.0600 | $1.0600 |
| Dec 26, 2025 | Jan 9, 2026 | $1.0600 | $1.0600 |
| Sep 15, 2025 | Oct 10, 2025 | $1.0600 | $1.0600 |
| Jun 16, 2025 | Jul 10, 2025 | $1.0200 | $1.0200 |
| Mar 25, 2025 | Apr 30, 2025 | $1.0200 | $1.0200 |
| Dec 26, 2024 | Jan 10, 2025 | $1.0200 | $1.0200 |
| Sep 16, 2024 | Oct 10, 2024 | $1.0200 | $1.0200 |
| Jun 14, 2024 | Jul 10, 2024 | $0.9800 | $0.9800 |
| Mar 22, 2024 | Apr 30, 2024 | $0.9800 | $0.9800 |
| Dec 20, 2023 | Jan 10, 2024 | $0.9800 | $0.9800 |
| Sep 14, 2023 | Oct 10, 2023 | $0.9800 | $0.9800 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Altria Group has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 17 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $4.1600 | — | — |
| 2025 | $4.0000 | $4.1600 | +4.0% |
| 2024 | $3.8400 | $4.0000 | +4.2% |
| 2023 | $3.6800 | $3.8400 | +4.3% |
| 2022 | $3.5200 | $3.6800 | +4.5% |
| 2021 | $3.4000 | $3.5200 | +3.5% |
| 2020 | $3.2800 | $3.4000 | +3.7% |
| 2019 | $3.0000 | $3.2800 | +9.3% |
| 2018 | $2.5400 | $3.0000 | +18.1% |
| 2017 | $2.3500 | $2.5400 | +8.1% |
| 2016 | $2.1700 | $2.3500 | +8.3% |
| 2015 | $2.0000 | $2.1700 | +8.5% |
| 2014 | $1.8400 | $2.0000 | +8.7% |
| 2013 | $1.7000 | $1.8400 | +8.2% |
| 2012 | $1.5800 | $1.7000 | +7.6% |
| 2011 | $1.4600 | $1.5800 | +8.2% |
| 2010 | $1.3200 | $1.4600 | +10.6% |
| 2009 | $52.7400 | $1.3200 | -97.5% |
| 2008 | $24.9590 | $52.7400 | +111.3% |
| 2007 | $3.3200 | $24.9590 | +651.8% |
| 2006 | $3.0600 | $3.3200 | +8.5% |
| 2005 | $2.8200 | $3.0600 | +8.5% |
| 2004 | $2.6400 | $2.8200 | +6.8% |
| 2003 | $2.4400 | $2.6400 | +8.2% |
| 2002 | $2.2200 | $2.4400 | +9.9% |
| 2001 | $2.0200 | $2.2200 | +9.9% |
| 2000 | $1.8400 | $2.0200 | +9.8% |
| 1999 | $1.6800 | $1.8400 | +9.5% |
| 1998 | $1.6000 | $1.6800 | +5.0% |
| 1997 | $1.4667 | $1.6000 | +9.1% |
| 1996 | $1.0333 | $1.4667 | +41.9% |
| 1995 | $1.0100 | $1.0333 | +2.3% |
| 1994 | $0.8667 | $1.0100 | +16.5% |
| 1993 | $0.7833 | $0.8667 | +10.6% |
| 1992 | $0.6367 | $0.7833 | +23.0% |
| 1991 | $0.5160 | $0.6367 | +23.4% |
| 1990 | $0.4168 | $0.5160 | +23.8% |
| 1989 | $0.3375 | $0.4168 | +23.5% |
| 1988 | $0.2625 | $0.3375 | +28.6% |
| 1987 | $0.2063 | $0.2625 | +27.3% |
| 1986 | $0.1667 | $0.2063 | +23.7% |
| 1985 | $0.1417 | $0.1667 | +17.6% |
| 1984 | $0.1208 | $0.1417 | +17.2% |
| 1983 | $0.1000 | $0.1208 | +20.8% |
| 1982 | $0.0833 | $0.1000 | +20.0% |
| 1981 | $0.0667 | $0.0833 | +25.0% |
| 1980 | $0.0520 | $0.0667 | +28.2% |
| 1979 | $0.0427 | $0.0520 | +21.9% |
| 1978 | $0.0325 | $0.0427 | +31.2% |
| 1977 | $0.0240 | $0.0325 | +35.7% |
| 1976 | $0.0193 | $0.0240 | +24.3% |
| 1975 | $0.0161 | $0.0193 | +19.4% |
| 1974 | $0.0140 | $0.0161 | +15.0% |
| 1973 | $0.0131 | $0.0140 | +6.8% |
| 1972 | $0.0126 | $0.0131 | +4.3% |
| 1971 | — | $0.0126 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Altria Group (MO) from the consolidated cash flow statement, in USD as filed.
Latest period
$7.01B
YoY change
+1.7%
5Y CAGR
+2.0%
Peak year (2025)
$6.96B
Latest annual
$6.96B
Cash dividends paid over time for Altria Group (MO)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Altria Group (MO)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $6.96B | +1.7% | +$115.00M | ||
| 2024 | $6.84B | +1.0% | +$66.00M | ||
| 2023 | $6.78B | +2.7% | +$180.00M | ||
| 2022 | $6.60B | +2.4% | +$153.00M | ||
| 2021 | $6.45B | +2.5% | +$156.00M | ||
| 2020 | $6.29B | +3.6% | +$221.00M | ||
| 2019 | $6.07B | +12.1% | +$654.00M | ||
| 2018 | $5.42B | +12.6% | +$608.00M | ||
| 2017 | $4.81B | +6.5% | +$295.00M | ||
| 2016 | $4.51B | +8.0% | +$333.00M | ||
| 2015 | $4.18B | +7.4% | +$287.00M | ||
| 2014 | $3.89B | +7.8% | +$280.00M | ||
| 2013 | $3.61B | +6.2% | +$212.00M | ||
| 2012 | $3.40B | +5.5% | +$178.00M | ||
| 2011 | $3.22B | +8.9% | +$264.00M | ||
| 2010 | $2.96B | +9.8% | +$265.00M | ||
| 2009 | $2.69B | -39.2% | -$1.74B | ||
| 2008 | $4.43B | -33.4% | -$2.22B | ||
| 2007 | $6.65B | -2.4% | -$163.00M | ||
| 2006 | $6.82B | +10.1% | +$624.00M | ||
| 2005 | $6.19B | +9.2% | +$519.00M | ||
| 2004 | $5.67B | +7.3% | +$387.00M | ||
| 2003 | $5.29B | +4.3% | +$217.00M | ||
| 2002 | $5.07B | +6.3% | +$299.00M | ||
| 2001 | $4.77B | +6.0% | +$269.00M | ||
| 2000 | $4.50B | +3.7% | +$162.00M | ||
| 1999 | $4.34B | +8.9% | +$354.00M | ||
| 1998 | $3.98B | +2.5% | +$99.00M | ||
| 1997 | $3.88B | +12.2% | +$423.00M | ||
| 1996 | $3.46B | +17.8% | +$523.00M | ||
| 1995 | $2.94B | +18.2% | +$452.00M | ||
| 1994 | $2.49B | +8.6% | +$196.00M | ||
| 1993 | $2.29B | +13.0% | +$263.00M | ||
| 1992 | $2.03B | +20.9% | +$350.00M | ||
| 1991 | $1.68B | +24.2% | +$327.00M | ||
| 1990 | $1.35B | +22.7% | +$250.00M | ||
| 1989 | $1.10B | — | — |
2025's annual dividends paid for Altria Group (MO) came in at $6.96B – edged up 1.7% year-over-year.
Across 2020–2025 (5 years), Altria Group dividends paid produced a CAGR of +2.0% – sustaining 16 straight years of year-over-year growth.
The dataset's maximum dividends paid sits at $6.96B (2025); the minimum reading of $1.10B dates to 1989.
Within Consumer Defensive, Altria Group (MO) ranks 6th among 8 peers we track. The peer median for dividends paid is $7.57B.
Altria Group Dividends Paid 2025: $6.96B
Altria Group dividends paid in 2025 was $6.96B, edged up 1.7% from 2024. This figure represents the highest annual value in the available history.
Altria Group Dividends Paid 2024: $6.84B
Altria Group dividends paid in 2024 was $6.84B, edged up 1.0% from 2023.
Altria Group Dividends Paid 2023: $6.78B
Altria Group dividends paid in 2023 was $6.78B, edged up 2.7% from 2022.
Altria Group Dividends Paid 2022: $6.60B
Altria Group dividends paid in 2022 was $6.60B, edged up 2.4% from 2021.
Altria Group Dividends Paid 2021: $6.45B
Altria Group dividends paid in 2021 was $6.45B.
See more financial history for Altria Group (MO).
Sector peers by dividends paid
Companies in the same sector as Altria Group, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Procter & Gamble (PG) | $9.87B | Consumer Defensive |
| Coca-Cola (KO) | $8.78B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Walmart (WMT) | $7.51B | Consumer Defensive |
| Mondelez International (MDLZ) | $2.49B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does Altria Group pay dividends?
Yes, Altria Group (MO) pays quarterly dividends of approximately $4.20 per share annually, yielding 5.73%.
What is Altria Group's dividend yield?
Altria Group (MO) has a current dividend yield of 5.73%.
Is Altria Group's dividend safe?
Altria Group (MO) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Altria Group increased its dividend?
Altria Group (MO) has 17 consecutive years of dividend increases.
What is Altria Group's dividend payout ratio?
Altria Group (MO) has a dividend payout ratio of 87.9%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Altria Group's dividends paid?
Latest reported dividends paid for Altria Group (MO) is $7.01B (period ending March 31, 2026).
How has Altria Group dividends paid changed year-over-year?
Altria Group (MO) dividends paid changed +1.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Altria Group dividends paid?
Altria Group (MO) dividends paid compound annual growth rate is +2.0% over the most recent 5 years available.
When did Altria Group dividends paid hit its highest annual value?
Altria Group dividends paid reached its highest annual value of $6.96B in 2025.
What was Altria Group dividends paid in 2024?
Altria Group (MO) dividends paid in 2024 was $6.84B.
What was Altria Group dividends paid in 2025?
Altria Group (MO) dividends paid in 2025 was $6.96B.
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