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Altria Group, Inc. (MO) logo

Altria Group, Inc.

S&P 500
MO|Consumer Defensive|Tobacco|$68.12|P/E 14.3|MCap 113.8B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

49/ 100Caution

MO's dividend shows some areas that warrant monitoring. Strengths include a 9.0x interest coverage & 62.3% operating margin. Areas of concern: 87.7% earnings payout ratio & 81.3% fcf payout ratio.

Based on 15 of 15 metrics

Strengths

  • Operating Margin: 62.3%Healthy operating margin provides a wide buffer.
  • Gross Margin: 73.7%High gross margin signals strong pricing power.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • CFO Payout Ratio: 91.3%Operating cash flow leaves little room for the payout.
  • Current Ratio: 0.6xLimited short-term liquidity to meet obligations.
  • Debt-to-Equity: -7.8Debt-to-equity is elevated for the sector.

Payout & Coverage

Warning
Earnings Payout Ratio
87.7%Warning
FCF Payout Ratio
81.3%Warning
CFO Payout Ratio
91.3%Danger
Interest Coverage
9.0xSafe

Balance Sheet

Danger
Net Debt / Total Assets
60.6%Warning
Current Ratio
0.6xDanger
Debt-to-Equity
-7.8Danger

Profitability

Caution
Return on Equity
-200.7%Danger
Operating Margin
62.3%Very Safe
Gross Margin
73.7%Very Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
4.1%Caution
Earnings Stability
GrowingVery Safe

About Altria Group, Inc.

Altria Group, Inc. is an American holding company founded in 1985, renowned as a leader in the tobacco industry with a heritage spanning over 200 years. It owns key subsidiaries including Philip Morris USA, producer of the iconic Marlboro cigarettes and other brands like Parliament and Virginia Slims; John Middleton, maker of Black & Mild cigars; U.S. Smokeless Tobacco Company, offering Copenhagen and Skoal moist smokeless tobacco; Helix Innovations with on! oral nicotine pouches; and NJOY, featuring the first FDA-authorized e-vapor products for tobacco and menthol flavors. Altria is advancing its 'Moving Beyond Smoking' vision by developing smoke-free alternatives, including a joint venture for heated tobacco products, and holds strategic investments in Anheuser-Busch InBev, the global beer leader, and Cronos Group, an emerging cannabinoid firm. Headquartered in Richmond, Virginia, the company supports approximately 6,200 employees, over 300,000 retailers, and 960 tobacco growers while contributing significantly to communities through $59.7 million in donations in 2024. Altria maintains a strong focus on responsibility, sustainability, and shareholder returns via consistent dividends.

Dividend Overview

Dividend Yield

6.17%

Annual Dividend

$4.20

Frequency

Quarterly

Payout Ratio

87.68%

FCF Payout Ratio

81.29%

Stock Price

$68.12

52-Week Range

$54.70 $74.56

Dividend History (2016–2025)

MO annual dividend per share and yield history

Earnings & Profitability

MO earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

March 25, 2026

Last Payment Date

April 30, 2026

Dividend Growth

3-Year Dividend CAGR

4.17%

5-Year Dividend CAGR

4.12%

10-Year Dividend CAGR

6.72%

3-Year Total Growth

13.04%

5-Year Total Growth

22.35%

10-Year Total Growth

91.71%

Income Calculator

MO Dividend Calculator

Total Investment

$6,812.00

Annual Income

$420.00

Quarterly Income

$105.00

Monthly Income

$35.00

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Frequently Asked Questions

What is MO's current dividend yield?
Altria Group, Inc. (MO) currently has a dividend yield of 6.17%, based on a stock price of $68.12 and an annual dividend of $4.20.
When is MO's next dividend payment date?
MO's next ex-dividend date is 2026-03-25 and the next payment date is 2026-04-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MO pay in dividends per year?
Altria Group, Inc. paid $4.16 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MO been increasing its dividend?
Altria Group, Inc. has grown its dividend at a 5-year CAGR of 4.12% and a 10-year CAGR of 6.72%.
Is MO's dividend safe?
Altria Group, Inc. has a payout ratio of 87.68%. Its free cash flow payout ratio is 81.29%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is MO's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Altria Group, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer defensive companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.