Trailing Dividend / Share
$4.15
Altria Group, Inc. (MO) Dividend History
Income profile from 1970 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
6.0%
Payout Ratio
1.0%
Sustainable
Dividend Streak
16 years
MO Dividend Income Check
Safety
1.0% payout ratio with sustainable safety profile.
Consistency
16 straight years of dividend increases.
Income Trend
Yield on cost is 10.2% and trend is rising.
MO Dividend Scorecard
Yield & Income
Dividend Yield6.0%
Trailing DPS$4.15
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout1.0%
Earnings SafetySustainable
FCF Payout80.5%
FCF SafetyStretched
Piotroski F-Score6/9
Growth
Growth Streak16 years
3Y CAGR4.2%
5Y CAGR4.1%
Yield on Cost (5Y)10.2%
YOC Trendrising
Total Returns
Buyback Yield0.9%
Total Shareholder Yield6.9%
1Y Total Return23.3%
5Y Total Return91.6%
Div Contribution (5Y)42.3%
Estimated $10K growth (return + dividends):
5Y ago$19,15810Y ago$15,76820Y ago$112,736
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). MO's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
MO Income Growth Story
Dividend per share and yield on cost over time (57 years of payments)
MO Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Altria Group, Inc. distributes 1.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 80.5%, rated "Stretched".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
MO has raised its dividend for 16 consecutive years, with a 3-year CAGR of 4.2% and 5-year CAGR of 4.1%.
Total Shareholder Returns
Beyond cash dividends, MO returns capital through share repurchases. The combined picture: 6.0% dividend yield, 0.9% buyback yield, 6.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 10.2% and is currently rising. The 5-year total return is 91.6%, with dividends contributing 42.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $15,768 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
MO Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$19.60
Avg/Payment$0.9800
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $1.0600 | — | 6.09% | Jul 10, 2026 |
| Mar 25, 2026 | $1.0600 | — | 6.59% | Apr 30, 2026 |
| Dec 26, 2025 | $1.0600 | — | 7.22% | Jan 9, 2026 |
| Sep 15, 2025 | $1.0600 | ↑ +3.9% | 6.35% | Oct 10, 2025 |
| Jun 16, 2025 | $1.0200 | — | 6.94% | Jul 10, 2025 |
| Mar 25, 2025 | $1.0200 | — | 7.12% | Apr 30, 2025 |
| Dec 26, 2024 | $1.0200 | — | 7.60% | Jan 10, 2025 |
| Sep 16, 2024 | $1.0200 | ↑ +4.1% | 7.66% | Oct 10, 2024 |
MO Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
6.0%
#2 of 6
Safety
Sustainable
1.0% payout
Streak
16Y
4.1% 5Y CAGR
Total Shareholder
6.9%
#1 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd MOAltria Group, Inc. | $115.6B | 6.0% | 1.0% | 16 | Sustainable |
 PMPhilip Morris Intern… | $278.0B | 3.1% | 76.0% | 18 | Watch |
3rd  BTIBritish American Tob… | $127.8B | 5.3% | 1.7% | 3 | Sustainable |
 TPBTurning Point Brands… | $1.6B | 0.4% | 9.5% | 9 | Sustainable |
1st  UVVUniversal Corporatio… | $1.3B | 6.2% | 2.5% | 34 | Sustainable |
 SEESealed Air Corporati… | $6.2B | 1.9% | 23.6% | 0 | Sustainable |
MO Annual Dividend History (1970–2026)
57 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.12 | — | 2 | — | — | — | 5.2% |
| 2025 | $4.16 | 4.0% | 4 | $4.11 | 101.2% | 0.99x | 10.2% |
| 2024 | $4.00 | 4.2% | 4 | $6.54 | 61.2% | 1.64x | 9.8% |
| 2023 | $3.84 | 4.3% | 4 | $4.57 | 84.0% | 1.19x | 9.4% |
| 2022 | $3.68 | 4.5% | 4 | $3.19 | 115.4% | 0.87x | 9.0% |
| 2021 | $3.52 | 3.5% | 4 | $1.34 | 262.7% | 0.38x | 8.6% |
| 2020 | $3.40 | 3.7% | 4 | $2.40 | 141.7% | 0.71x | 8.3% |
| 2019 | $3.28 | 9.3% | 4 | $-0.69 | — | — | 8.0% |
| 2018 | $3.00 | 18.1% | 4 | $3.69 | 81.3% | 1.23x | 7.3% |
| 2017 | $2.54 | 8.1% | 4 | $5.31 | 47.8% | 2.09x | 6.2% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into MO consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
56+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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MO — Frequently Asked Questions
Quick answers to the most common questions about buying MO stock.
How much dividend does MO pay per share?
Altria Group, Inc. (MO) pays a trailing 12-month dividend of $4.15 per share, with a current dividend yield of +6.0%. Payments are made Semi-Annual.
When is MO's next ex-dividend date?
MO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MO typically pays dividends Semi-Annual.
Is MO's dividend safe?
MO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.0% and FCF payout ratio of +80.5%. With 16 consecutive years of dividend growth, the track record supports sustainability.
Is MO a Dividend Achiever?
Yes, Altria Group, Inc. is classified as a Dividend Achiever with 16 consecutive years of dividend increases. The 5-year dividend CAGR is +4.1%, demonstrating modest dividend growth.
How often does MO pay dividends?
Altria Group, Inc. pays dividends Semi-Annual. The trailing 12-month total is $4.15 per share. Dividend data on this page covers 56+ years from 1970 to 2026.
How much would $10,000 invested in MO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MO five years ago would be worth approximately $19,158 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MO's yield on cost for long-term holders?
MO's yield on cost — the current dividend divided by the original purchase price — is +10.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +6.0% market yield, thanks to consistent dividend growth.