Altria Group, Inc. (MO) Dividend History
MO latest dividend
$1.11last dividend per share
Ex-dividend dateSep 15Tuesday, 2026
Payment dateOct 9Friday, 2026
The next dividend has not been announced yet.
- 16 yearsof dividend increases
- 1984paying since
- Quarterly4 payments a year
- +4.1%5-year growth a year
- 5.91%forward yield
MO dividend income calculator
- Dividend income a year
- $444
- Each payment
- $111
- Value of the shares
- $7,511
- Dividend yield
- 5.91%
At the latest close; forward annual dividend $4.44 per share, before tax.
MO dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
MO dividend safety
Payout ratio (earnings)77.3%
Stretched · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)76.7%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)+4.1%
Slow growth · a year on average
Years of increases16
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
MO yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $65.05 | 6.83% | $4.29 | 6.6% |
| 3 years ago | $43.12 | 10.30% | $12.37 | 28.7% |
| 5 years ago | $48.13 | 9.23% | $19.81 | 41.2% |
| 10 years ago | $62.66 | 7.09% | $35.26 | 56.3% |
| 20 years ago | $18.13 | 24.49% | $54.66 | 301.4% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
MO dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
MO dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $4.16 | +4.0% | 7.21% | 4 |
| 2024 | $4.00 | +4.2% | 7.65% | 4 |
| 2023 | $3.84 | +4.3% | 9.52% | 4 |
| 2022 | $3.68 | +4.5% | 8.05% | 4 |
| 2021 | $3.52 | +3.5% | 7.43% | 4 |
| 2020 | $3.40 | +3.7% | 8.29% | 4 |
| 2019 | $3.28 | +9.3% | 6.57% | 4 |
| 2018 | $3.00 | +18.1% | 6.07% | 4 |
| 2017 | $2.54 | +8.1% | 3.56% | 4 |
| 2016 | $2.35 | +8.3% | 3.48% | 4 |
| 2015 | $2.17 | +8.5% | 3.73% | 4 |
| 2014 | $2.00 | +8.7% | 4.06% | 4 |
| 2013 | $1.84 | +8.2% | 4.79% | 4 |
| 2012 | $1.70 | +7.6% | 5.41% | 4 |
| 2011 | $1.58 | +8.2% | 5.33% | 4 |
| 2010 | $1.46 | +10.6% | 5.93% | 4 |
| 2009 | $1.32 | −21.4% | 6.72% | 4 |
| 2008 | $1.68 | −44.9% | 11.16% | 4 |
| 2007 | $3.05 | −8.1% | 13.08% | 4 |
| 2006 | $3.32 | — | 16.71% | 4 |
MO dividend history
169 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-15 | 2026-10-09 | $1.11 | +4.7% | Quarterly |
| 2026-06-15 | 2026-07-10 | $1.06 | — | Quarterly |
| 2026-03-25 | 2026-04-30 | $1.06 | — | Quarterly |
| 2025-12-26 | 2026-01-09 | $1.06 | — | Quarterly |
| 2025-09-15 | 2025-10-10 | $1.06 | +3.9% | Quarterly |
| 2025-06-16 | 2025-07-10 | $1.02 | — | Quarterly |
| 2025-03-25 | 2025-04-30 | $1.02 | — | Quarterly |
| 2024-12-26 | 2025-01-10 | $1.02 | — | Quarterly |
| 2024-09-16 | 2024-10-10 | $1.02 | +4.1% | Quarterly |
| 2024-06-14 | 2024-07-10 | $0.98 | — | Quarterly |
| 2024-03-22 | 2024-04-30 | $0.98 | — | Quarterly |
| 2023-12-20 | 2024-01-10 | $0.98 | — | Quarterly |
| 2023-09-14 | 2023-10-10 | $0.98 | +4.3% | Quarterly |
| 2023-06-14 | 2023-07-10 | $0.94 | — | Quarterly |
| 2023-03-23 | 2023-04-28 | $0.94 | — | Quarterly |
| 2022-12-21 | 2023-01-10 | $0.94 | — | Quarterly |
Show all 169 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-14 | 2022-10-11 | $0.94 | +4.4% | Quarterly |
| 2022-06-14 | 2022-07-11 | $0.9 | — | Quarterly |
| 2022-03-24 | 2022-04-29 | $0.9 | — | Quarterly |
| 2021-12-22 | 2022-01-10 | $0.9 | — | Quarterly |
| 2021-09-14 | 2021-10-12 | $0.9 | +4.7% | Quarterly |
| 2021-06-14 | 2021-07-09 | $0.86 | — | Quarterly |
| 2021-03-24 | 2021-04-30 | $0.86 | — | Quarterly |
| 2020-12-24 | 2021-01-11 | $0.86 | — | Quarterly |
| 2020-09-14 | 2020-10-09 | $0.86 | +2.4% | Quarterly |
| 2020-06-12 | 2020-07-10 | $0.84 | — | Quarterly |
| 2020-03-24 | 2020-04-30 | $0.84 | — | Quarterly |
| 2019-12-24 | 2020-01-10 | $0.84 | — | Quarterly |
| 2019-09-13 | 2019-10-10 | $0.84 | +5.0% | Quarterly |
| 2019-06-13 | 2019-07-10 | $0.8 | — | Quarterly |
| 2019-03-22 | 2019-04-30 | $0.8 | — | Quarterly |
| 2018-12-24 | 2019-01-10 | $0.8 | — | Quarterly |
| 2018-09-13 | 2018-10-10 | $0.8 | +14.3% | Quarterly |
| 2018-06-14 | 2018-07-10 | $0.7 | — | Quarterly |
| 2018-03-14 | 2018-04-10 | $0.7 | +6.1% | Quarterly |
| 2017-12-20 | 2018-01-10 | $0.66 | — | Quarterly |
| 2017-09-14 | 2017-10-10 | $0.66 | +8.2% | Quarterly |
| 2017-06-13 | 2017-07-10 | $0.61 | — | Quarterly |
| 2017-03-13 | 2017-04-10 | $0.61 | — | Quarterly |
| 2016-12-20 | 2017-01-10 | $0.61 | — | Quarterly |
| 2016-09-13 | 2016-10-11 | $0.61 | +8.0% | Quarterly |
| 2016-06-13 | 2016-07-11 | $0.565 | — | Quarterly |
| 2016-03-11 | 2016-04-11 | $0.565 | — | Quarterly |
| 2015-12-22 | 2016-01-11 | $0.565 | — | Quarterly |
| 2015-09-11 | 2015-10-09 | $0.565 | +8.7% | Quarterly |
| 2015-06-11 | 2015-07-10 | $0.52 | — | Quarterly |
| 2015-03-12 | 2015-04-10 | $0.52 | — | Quarterly |
| 2014-12-22 | 2015-01-09 | $0.52 | — | Quarterly |
| 2014-09-11 | 2014-10-10 | $0.52 | +8.3% | Quarterly |
| 2014-06-12 | 2014-07-10 | $0.48 | — | Quarterly |
| 2014-03-12 | 2014-04-10 | $0.48 | — | Quarterly |
| 2013-12-23 | 2014-01-10 | $0.48 | — | Quarterly |
| 2013-09-12 | 2013-10-10 | $0.48 | +9.1% | Quarterly |
| 2013-06-12 | 2013-07-10 | $0.44 | — | Quarterly |
| 2013-03-13 | 2013-04-10 | $0.44 | — | Quarterly |
| 2012-12-21 | 2013-01-10 | $0.44 | — | Quarterly |
| 2012-09-12 | 2012-10-10 | $0.44 | +7.3% | Quarterly |
| 2012-06-13 | 2012-07-10 | $0.41 | — | Quarterly |
| 2012-03-13 | 2012-04-10 | $0.41 | — | Quarterly |
| 2011-12-22 | 2012-01-10 | $0.41 | — | Quarterly |
| 2011-09-13 | 2011-10-11 | $0.41 | +7.9% | Quarterly |
| 2011-06-13 | 2011-07-11 | $0.38 | — | Quarterly |
| 2011-03-11 | 2011-04-11 | $0.38 | — | Quarterly |
| 2010-12-23 | 2011-01-10 | $0.38 | — | Quarterly |
| 2010-09-13 | 2010-10-12 | $0.38 | +8.6% | Quarterly |
| 2010-06-11 | 2010-07-09 | $0.35 | — | Quarterly |
| 2010-03-11 | 2010-04-09 | $0.35 | +2.9% | Quarterly |
| 2009-12-28 | 2010-01-11 | $0.34 | — | Quarterly |
| 2009-09-11 | 2009-10-09 | $0.34 | +6.2% | Quarterly |
| 2009-06-11 | 2009-07-10 | $0.32 | — | Quarterly |
| 2009-03-12 | 2009-04-10 | $0.32 | — | Quarterly |
| 2008-12-22 | 2009-01-09 | $0.32 | — | Quarterly |
| 2008-09-11 | 2008-10-10 | $0.32 | +10.3% | Quarterly |
| 2008-06-11 | 2008-07-10 | $0.29 | −61.3% | Quarterly |
| 2008-03-17 | 2008-04-10 | $0.75 | — | Quarterly |
| 2007-12-21 | 2008-01-10 | $0.75 | — | Quarterly |
| 2007-09-12 | 2007-10-10 | $0.75 | +8.7% | Quarterly |
| 2007-06-13 | 2007-07-10 | $0.69 | −19.8% | Quarterly |
| 2007-03-13 | 2007-04-10 | $0.86 | — | Quarterly |
| 2006-12-22 | 2007-01-10 | $0.86 | — | Quarterly |
| 2006-09-13 | 2006-10-10 | $0.86 | +7.5% | Quarterly |
| 2006-06-13 | 2006-07-10 | $0.8 | — | Quarterly |
| 2006-03-13 | 2006-04-10 | $0.8 | — | Quarterly |
| 2005-12-23 | 2006-01-10 | $0.8 | — | Quarterly |
| 2005-09-13 | 2005-10-11 | $0.8 | +9.6% | Quarterly |
| 2005-06-13 | 2005-07-11 | $0.73 | — | Quarterly |
| 2005-03-11 | 2005-04-11 | $0.73 | — | Quarterly |
| 2004-12-22 | 2005-01-10 | $0.73 | — | Quarterly |
| 2004-09-13 | 2004-10-12 | $0.73 | +7.4% | Quarterly |
| 2004-06-14 | 2004-07-09 | $0.68 | — | Quarterly |
| 2004-03-11 | 2004-04-12 | $0.68 | — | Quarterly |
| 2003-12-18 | 2004-01-09 | $0.68 | — | Quarterly |
| 2003-09-11 | 2003-10-09 | $0.68 | +6.2% | Quarterly |
| 2003-06-11 | 2003-07-08 | $0.64 | — | Quarterly |
| 2003-03-12 | 2003-04-09 | $0.64 | — | Quarterly |
| 2002-12-19 | 2003-01-10 | $0.64 | — | Quarterly |
| 2002-09-12 | 2002-10-10 | $0.64 | +10.3% | Quarterly |
| 2002-06-26 | 2002-07-10 | $0.58 | — | Quarterly |
| 2002-03-13 | 2002-04-10 | $0.58 | — | Quarterly |
| 2001-12-20 | 2002-01-10 | $0.58 | — | Quarterly |
| 2001-09-17 | 2001-10-10 | $0.58 | +332.0% | |
| 2001-09-13 | 2001-10-10 | $0.1343 | −74.7% | Quarterly |
| 2001-06-13 | 2001-07-10 | $0.53 | — | Quarterly |
| 2001-03-13 | 2001-04-10 | $0.53 | — | Quarterly |
| 2000-12-13 | 2001-01-10 | $0.53 | — | Quarterly |
| 2000-09-13 | 2000-10-10 | $0.53 | +10.4% | Quarterly |
| 2000-06-16 | 2000-07-10 | $0.48 | — | Quarterly |
| 2000-03-16 | 2000-04-10 | $0.48 | — | Quarterly |
| 1999-12-13 | 2000-01-10 | $0.48 | — | Quarterly |
| 1999-09-13 | 1999-10-12 | $0.48 | +9.1% | Quarterly |
| 1999-06-11 | 1999-07-12 | $0.44 | — | Quarterly |
| 1999-03-11 | 1999-04-12 | $0.44 | — | Quarterly |
| 1998-12-11 | 1999-01-11 | $0.44 | — | Quarterly |
| 1998-09-11 | 1998-10-13 | $0.44 | +10.0% | Quarterly |
| 1998-06-11 | 1998-07-10 | $0.4 | — | Quarterly |
| 1998-03-12 | 1998-04-10 | $0.4 | — | Quarterly |
| 1997-12-11 | 1998-01-12 | $0.4 | — | Quarterly |
| 1997-09-11 | 1997-10-10 | $0.4 | — | Quarterly |
| 1997-06-12 | 1997-07-10 | $0.4 | — | Quarterly |
| 1997-03-13 | 1997-04-10 | $0.4 | — | Quarterly |
| 1996-12-12 | 1997-01-10 | $0.4 | — | Quarterly |
| 1996-09-12 | 1996-10-10 | $0.4 | +20.0% | Quarterly |
| 1996-06-12 | 1996-07-10 | $0.3333 | — | Quarterly |
| 1996-03-13 | 1996-04-10 | $0.3333 | — | Quarterly |
| 1995-12-13 | 1996-01-10 | $0.3333 | — | Quarterly |
| 1995-09-13 | 1995-10-10 | $0.3333 | +21.2% | Quarterly |
| 1995-06-13 | 1995-07-10 | $0.275 | +200.0% | Quarterly |
| 1995-03-09 | 1995-04-10 | $0.0917 | −66.7% | Quarterly |
| 1994-12-09 | 1995-01-10 | $0.275 | — | Quarterly |
| 1994-09-09 | 1994-10-11 | $0.275 | +19.6% | Quarterly |
| 1994-06-09 | 1994-07-11 | $0.23 | — | Quarterly |
| 1994-03-09 | 1994-04-11 | $0.23 | +6.2% | Quarterly |
| 1993-12-09 | 1994-01-10 | $0.2167 | — | Quarterly |
| 1993-09-09 | 1993-10-12 | $0.2167 | — | Quarterly |
| 1993-06-09 | 1993-07-09 | $0.2167 | — | Quarterly |
| 1993-03-05 | 1993-04-09 | $0.2167 | — | Quarterly |
| 1992-12-09 | 1993-01-11 | $0.2167 | — | Quarterly |
| 1992-09-09 | 1992-10-10 | $0.2167 | +23.8% | Quarterly |
| 1992-06-09 | 1992-07-10 | $0.175 | — | Quarterly |
| 1992-03-06 | 1992-04-10 | $0.175 | — | Quarterly |
| 1991-12-10 | 1992-01-10 | $0.175 | — | Quarterly |
| 1991-09-10 | 1991-10-10 | $0.175 | +22.1% | Quarterly |
| 1991-06-11 | 1991-07-10 | $0.1433 | — | Quarterly |
| 1991-03-08 | 1991-04-10 | $0.1433 | — | Quarterly |
| 1990-12-11 | 1991-01-10 | $0.1433 | — | Quarterly |
| 1990-09-10 | 1990-10-10 | $0.1433 | +25.0% | Quarterly |
| 1990-06-11 | 1990-07-10 | $0.1147 | — | Quarterly |
| 1990-03-09 | 1990-04-10 | $0.1147 | — | Quarterly |
| 1989-12-11 | 1990-01-10 | $0.1147 | +0.1% | Quarterly |
| 1989-09-11 | 1989-10-10 | $0.1146 | +22.2% | Quarterly |
| 1989-06-09 | 1989-07-10 | $0.0938 | — | Quarterly |
| 1989-03-09 | 1989-04-10 | $0.0938 | — | |
| 1988-12-09 | 1989-01-10 | $0.0938 | — | |
| 1988-09-09 | 1988-10-10 | $0.0938 | +25.0% | |
| 1988-06-09 | 1988-07-10 | $0.075 | — | |
| 1988-03-08 | 1988-04-10 | $0.075 | — | |
| 1987-12-09 | 1988-01-10 | $0.075 | +20.0% | |
| 1987-09-09 | 1987-10-10 | $0.0625 | — | |
| 1987-06-09 | 1987-07-10 | $0.0625 | — | |
| 1987-03-09 | 1987-04-10 | $0.0625 | — | |
| 1986-12-09 | 1987-01-10 | $0.0625 | +30.4% | |
| 1986-09-09 | 1986-10-10 | $0.0479 | — | |
| 1986-06-10 | 1986-07-10 | $0.0479 | — | |
| 1986-03-10 | 1986-04-10 | $0.0479 | +15.0% | |
| 1985-12-10 | 1986-01-10 | $0.0417 | — | |
| 1985-09-10 | 1985-10-10 | $0.0417 | — | |
| 1985-06-10 | 1985-07-10 | $0.0417 | — | |
| 1985-03-11 | 1985-04-10 | $0.0417 | +17.6% | |
| 1984-12-10 | 1985-01-10 | $0.0354 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
MO stock split history
- 3:1April 11, 1997
- 4:1October 11, 1989
- 2:1April 11, 1986
- 2:1June 1, 1979
- 2:1June 3, 1974
MO dividend overview
Altria pays an annual dividend of $4.44 per share, a yield of 5.91% at the latest close, paid quarterly. It paid $4.16 per share in 2025, up 4.0% from 2024. It has raised its dividend for 16 consecutive years. Over five years the dividend grew 4.1% a year on average and over ten years 6.7% a year. The payout ratio is 77.3% of trailing earnings.
Related: MO cash flow statement, MO key metrics, MO chart. See the MO stock overview for the latest quote and news.
MO dividends FAQ
Does Altria pay a dividend?
Yes. Altria has paid a regular dividend since 1984, quarterly, most recently $1.11 per share with an ex-dividend date of September 15, 2026.
What is Altria's dividend yield?
Altria's forward annual dividend is $4.44 per share, a dividend yield of 5.91% at the latest close of $75.11.
How often does Altria pay dividends?
Altria pays dividends quarterly.
How fast is Altria's dividend growing?
Altria's dividend per share grew from $3.40 in 2020 to $4.16 in 2025, 4.1% a year on average over five years; it has increased for 16 years in a row.
What is Altria's dividend payout ratio?
Altria pays out 77.3% of its trailing earnings as dividends and 76.7% of its free cash flow (fiscal 2025).
Has Altria split its stock?
Altria has split its stock 5 times: 3:1 on April 11, 1997, 4:1 on October 11, 1989, 2:1 on April 11, 1986, 2:1 on June 1, 1979, 2:1 on June 3, 1974. Dividends per share on this page are adjusted for splits.