Common stock

Altria Group, Inc. (MO)

Altria Group, Inc. trades as MO on NYSE. This page collects what it has actually paid — every recorded payment, the calendar-year totals, the forward and trailing 12-month yields side by side against the last price, and the dates already declared.

$68.07 $-0.40 (-0.58%)
52-week range $54.70 – $77.06
Common stock NYSEConsumer DefensiveTobacco

Price as of Aug 25, 2026 (3 hours ago) · supplied by fmp. Quotes may be delayed. Verify with your broker before acting on anything here.

Forward yield 6.23% Last regular payment annualised, divided by the last price. An estimate of the next twelve months — not money that has been paid.
Trailing 12-month yield 6.23% Cash actually paid per share over the last 365 days ($4.24) divided by the last price. Backward-looking, and not comparable with a bond's yield to maturity or an index yield.
Forward annual payment $4.24 Forward estimate: the last regular payment multiplied by the number of payments a year. It is an estimate of the next twelve months, not cash that has been paid.
Pays Quarterly Cadence of the regular payment, accepted only after three consecutive payments were reported at the same frequency.
Next ex-date First day the shares trade without the next payment attached.
Next pay date When the declared payment reaches holders.
Growth streak 16 yr 16 consecutive complete years in which the highest regular payment was above the year before. Our stored payment history for this security begins in 1970. The run ends inside that history, so it is measured rather than a floor.
Years paying 56 Complete calendar years with a payment in our stored history, which begins in 1970. The issuer may have paid for longer than we hold.
Payout ratio 86% Share of trailing earnings paid out.
Income score 88 0-100 research screen, not a recommendation.

The two yields above are different measurements and are not interchangeable. The forward yield annualises the last regular payment; the trailing 12-month yield counts the cash actually paid over the last 365 days. Neither is an interest rate, a bond's yield to maturity or an index effective yield, and none of those may be compared with these as like for like. See how we compute these numbers.

Our stored payment history for MO begins in 1970. The run of increases above ends inside that history rather than at its edge, so the figure is measured within what we hold and is not a floor. A streak is counted on the split-adjusted payment, so a share split does not read as a cut.

A yield is just a payment divided by a price, so it moves every day even when the payment does not. The forward number is an estimate of the next twelve months; the trailing number is what was actually paid over the last twelve. Ex-date is the cut-off: own the shares before it and the next payment is yours, buy on or after it and the seller keeps it.

MO is a common stock. Any income comes from a dividend the board declares out of the company's profits and cash flow. There is no obligation to declare one, no par value to fall back on, and no arrears to make up if a payment is skipped — the board simply decides each period. That discretion is what separates a dividend from a coupon.

Four dates matter: the declaration date the board announces it, the ex-dividend date after which new buyers do not receive the payment, the record date that fixes the holder list, and the pay date the cash arrives. Qualifying US corporate dividends held long enough are taxed at long-term capital-gains rates as qualified dividends. Read how dividend stocks work.

Figures on this page are computed by Income Investing from the payment history and last price stored in our own database; the payment records come from fmp and the price from fmp, last recomputed Aug 25, 2026. They describe what has been paid, not what will be paid. Yield, payout ratio, our data sources and our methodology are explained elsewhere on the site.

Payment history

Each row is one payment as recorded by our data provider, newest first. The final column compares it with the nearest payment about a year earlier.

The table lists the 24 most recent recorded dividends for MO, newest first, with ex-dates running from Sep 14, 2020 to Jun 15, 2026. The latest is $1.06 per share in USD, ex-date Jun 15, 2026, pay date Jul 10, 2026. Measured against the nearest payment about a year earlier, 24 are higher, 0 lower and 0 unchanged; the remaining 0 have no comparable payment in the record. None is flagged as a special or one-off payment. Payment records supplied by fmp.

How to read this table: one row is one payment, newest at the top, and the amount is what a single share received on that one date. It is not an annual figure — the yearly ones are in the tiles above and in the totals further down. A row marked Special is a one-off the issuer chose to make rather than part of the regular schedule, which is why it is left out of the year-on-year comparison and out of those yearly totals. Whether the amount repeats for several rows or moves every time is a fact about the structure rather than a sign of health: a company usually resets its dividend once a year, while a fund's distribution can change with every payment.

Recorded payments for MO. Amounts are per share as declared, in USD.
Ex-dateOwn it before this day and this payment is yours. Pay date Amount per shareWhat one share received on that date, before tax. Cadence tagged by provider Type vs. a year earlier
Jun 15, 2026 Jul 10, 2026 $1.0600 Quarterly Regular +3.92%
Mar 25, 2026 Apr 30, 2026 $1.0600 Quarterly Regular +3.92%
Dec 26, 2025 Jan 09, 2026 $1.0600 Quarterly Regular +3.92%
Sep 15, 2025 Oct 10, 2025 $1.0600 Quarterly Regular +3.92%
Jun 16, 2025 Jul 10, 2025 $1.0200 Quarterly Regular +4.08%
Mar 25, 2025 Apr 30, 2025 $1.0200 Quarterly Regular +4.08%
Dec 26, 2024 Jan 10, 2025 $1.0200 Quarterly Regular +4.08%
Sep 16, 2024 Oct 10, 2024 $1.0200 Quarterly Regular +4.08%
Jun 14, 2024 Jul 10, 2024 $0.9800 Quarterly Regular +4.26%
Mar 22, 2024 Apr 30, 2024 $0.9800 Quarterly Regular +4.26%
Dec 20, 2023 Jan 10, 2024 $0.9800 Quarterly Regular +4.26%
Sep 14, 2023 Oct 10, 2023 $0.9800 Quarterly Regular +4.26%
Jun 14, 2023 Jul 10, 2023 $0.9400 Quarterly Regular +4.44%
Mar 23, 2023 Apr 28, 2023 $0.9400 Quarterly Regular +4.44%
Dec 21, 2022 Jan 10, 2023 $0.9400 Quarterly Regular +4.44%
Sep 14, 2022 Oct 11, 2022 $0.9400 Quarterly Regular +4.44%
Jun 14, 2022 Jul 11, 2022 $0.9000 Quarterly Regular +4.65%
Mar 24, 2022 Apr 29, 2022 $0.9000 Quarterly Regular +4.65%
Dec 22, 2021 Jan 10, 2022 $0.9000 Quarterly Regular +4.65%
Sep 14, 2021 Oct 12, 2021 $0.9000 Quarterly Regular +4.65%
Jun 14, 2021 Jul 09, 2021 $0.8600 Quarterly Regular +2.38%
Mar 24, 2021 Apr 30, 2021 $0.8600 Quarterly Regular +2.38%
Dec 24, 2020 Jan 11, 2021 $0.8600 Quarterly Regular +2.38%
Sep 14, 2020 Oct 09, 2020 $0.8600 Quarterly Regular +2.38%

The cadence column is the tag our provider attached to that individual payment (fmp), not the security's established schedule. The two can disagree, which is why the cadence shown in the tiles above is only accepted after three consecutive payments were tagged the same way.

A blank comparison means there was no comparable payment within sixty days of the same point a year earlier — a new payer, a changed cadence, or a gap in the record. Special and one-off payments are labelled and are excluded from the comparison.

Dividends by calendar year

Calendar-year totals, bucketed by ex-dividend date: every regular dividend whose ex-dividend date fell in that year, for the last ten complete years on record. These are amounts actually paid, never a forward estimate, and they are not the issuer's own annual dividend figure.

The chart covers 10 complete calendar years for MO, 2016 to 2025, per share, in USD. Each bar totals the regular dividends with an ex-dividend date in that calendar year. The year is assigned by ex-dividend date, which is not necessarily the issuer's own dividend year. Our stored payment history for MO begins in 1970. The total went from $2.35 in 2016 to $4.16 in 2025 — 77% higher. Within that span 10 years were higher than the year before and 0 lower. The three most recent years shown are 2023 $3.84, 2024 $4.00 and 2025 $4.16. The current year is still in progress and is left out, and special or one-off payments are excluded. This is a record of what was paid, not a projection. Every year shown holds the 4 dividends a quarterly cadence implies, so no year on this chart is short or long because a payment shifted across a year end.

Each bar, and each row underneath it, is one calendar year of regular payments added together for a single share. Read left to right and you are reading whether the payment has grown, held or been cut — a record of what was paid, never a forecast of what will be. One thing to watch for: a year here is decided by the date the payment went ex, so when that date slips across a year end one year holds an extra payment and its neighbour is one short while the payment itself never moved. Any year where that has happened is drawn as a dashed bar and marked with an asterisk, and it is the usual reason these totals differ from the annual figure the issuer itself publishes.

2016: $2.3500 per share from 4 payments, matching the 4 a year the recorded cadence implies. 2.35 2016 2017: $2.5400 per share from 4 payments, matching the 4 a year the recorded cadence implies. 2.54 2017 2018: $3.0000 per share from 4 payments, matching the 4 a year the recorded cadence implies. 3.00 2018 2019: $3.2800 per share from 4 payments, matching the 4 a year the recorded cadence implies. 3.28 2019 2020: $3.4000 per share from 4 payments, matching the 4 a year the recorded cadence implies. 3.40 2020 2021: $3.5200 per share from 4 payments, matching the 4 a year the recorded cadence implies. 3.52 2021 2022: $3.6800 per share from 4 payments, matching the 4 a year the recorded cadence implies. 3.68 2022 2023: $3.8400 per share from 4 payments, matching the 4 a year the recorded cadence implies. 3.84 2023 2024: $4.0000 per share from 4 payments, matching the 4 a year the recorded cadence implies. 4.00 2024 2025: $4.1600 per share from 4 payments, matching the 4 a year the recorded cadence implies. 4.16 2025
Bar height is the total per share of the regular dividends whose ex-dividend date fell in that calendar year, in USD. The year is assigned by ex-dividend date, not by the issuer's own dividend year and not by the date the cash arrived. These are a trailing record — never the forward estimate shown in the tiles above.
Complete calendar years only, bucketed by ex-dividend date — the current year is still in progress and is left out.
Year Paid per share that yearEvery regular payment dated in that year, added up, for one share. Payments in the yearA count that differs from the usual one means a payment moved across a year end. Change on the year before
2016 $2.35 4 +8.29%
2017 $2.54 4 +8.09%
2018 $3.00 4 +18.11%
2019 $3.28 4 +9.33%
2020 $3.40 4 +3.66%
2021 $3.52 4 +3.53%
2022 $3.68 4 +4.55%
2023 $3.84 4 +4.35%
2024 $4.00 4 +4.17%
2025 $4.16 4 +4.00%
What can go wrong
A common dividend is discretionary. The board sets it each period out of profits and cash flow, and it can be cut or suspended with no notice and no recourse for holders. Common stock sits last in the capital structure, behind lenders and behind preferred shares, so in a restructuring it is the first thing wiped out. The share price can fall further and faster than the dividend, and a rising yield is often the market marking the payment down rather than a bargain appearing.

Similar securities

The eight closest common stock entries by trailing 12-month yield, in the same sector. A research screen, not a recommendation.

Open Dividend Stocks →

These are not the best-paying securities of this kind, and no ranking is meant by the order. They are the ones whose trailing 12-month yield sits nearest to this one, in the same structure and usually the same sector, so that this security can be seen in company rather than on its own. Every figure here is backward-looking cash that has already been paid. A row that sits well away from the rest is a question to take to that security's own page, not an answer.

Ticker Name Price Trailing 12m yieldCash paid out over the last year, over today's price. Paid over 12 months Pays
KHC The Kraft Heinz Company $25.32 6.32% $1.60 Quarterly
GIS General Mills, Inc. $39.78 6.13% $2.44 Quarterly
JBSS John B. Sanfilippo & Son, Inc. $74.83 6.01% $4.50 Irregular
CPB Campbell Soup Company $23.47 6.65% $1.56 Quarterly
BTI British American Tobacco p.l.c. $56.47 5.73% $3.24 Quarterly
SFD Smithfield Foods, Inc. $22.25 5.34% $1.19 Irregular
UVV Universal Corporation $45.89 7.17% $3.29 Quarterly
ACI Albertsons Companies, Inc. $12.38 5.17% $0.64 Quarterly

Every row in this table is on the same basis — cash actually paid per share over the last 365 days, divided by that security's last price — so the column can be read down. Forward estimates are deliberately not used here, because they exist for some securities and not others and a mixed column would invite a comparison that does not hold. A dash means no payment was recorded in the last 365 days, or no price is on file. Open a security to see both of its yields.

Where these are traded

SEC EDGAR

The SEC's filing archive, where every US-listed company's 10-K, 10-Q and 8-K — including dividend declarations — is published first.

Primary source for the same figures data vendors resell

Visit SEC EDGAR ↗
Computershare

A share registry and transfer agent that administers direct stock purchase and dividend reinvestment plans on behalf of many US issuers.

Where issuer-sponsored DRIPs are actually held, outside a brokerage account

Visit Computershare ↗
Vanguard

A fund manager and brokerage whose dividend-focused index fund pages publish holdings, index methodology, distributions and expense ratios.

Visit Vanguard ↗
S&P Dow Jones Indices

Publishes the rulebooks behind widely tracked dividend indices, including the consecutive-increase tests used by the Dividend Aristocrats series.

Index methodology documents are public PDFs

Visit S&P Dow Jones Indices ↗

Listed because they offer access to this kind of security, not as an endorsement of it.

Questions about MO

Does MO pay a dividend, and how often?
Yes. The regular payment cadence recorded for MO is quarterly. The annual figure works out at $4.24 per share. Forward estimate: the last regular payment multiplied by the number of payments a year. It is an estimate of the next twelve months, not cash that has been paid. The last ex-date in our history is Jun 15, 2026.
What is the yield on MO, and is it forward or trailing?
There are two, and they measure different things. The forward yield is 6.23%: the last regular payment annualised to $4.24 a year and divided by the last price of $68.07. That is an estimate of the next twelve months. The trailing 12-month yield is 6.23%: the $4.24 per share actually paid over the last 365 days, divided by the same price. Neither number is a bond's yield to maturity, an index effective yield or an interest rate, and none of those should be compared with these as like for like. Yield also moves inversely with price, so it rises when the market marks the security down — a high number is a question, not an answer.
When is the next MO ex-dividend date?
No future ex-date has been declared or collected for MO yet. The last one on record was Jun 15, 2026.
Has the MO payment grown?
Over the complete calendar years in our history, the total went from $2.35 in 2016 to $4.16 in 2025. The payment rose in 16 consecutive complete years to the end of that record, measured within the history we hold, which begins in 1970. The chart on this page shows every year in between, including any cuts. Those totals bucket each payment by its ex-dividend date, so a year can hold more or fewer payments than the cadence implies when a payment shifts across a year end. Past payment history describes what happened, not what will happen.
How to read this page
Nothing on this page is investment advice or a recommendation to buy, hold or sell MO. Figures are drawn from third-party market data and our own calculations, may be delayed or wrong, and can change without notice. Confirm every number with the issuer and with your own broker, tax adviser and financial adviser before acting.

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