Altria Dividend Yield History and Stock Performance

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From above closeup of wooden box with narrow rectangular sections with ribbed surface for cigars near table with pile of raw tobacco products in factory
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Altria's dividend yield has been a steady performer over the years, with a history that dates back to the early 2000s.

In 2003, Altria's dividend yield was around 3.5%, a rate that remained relatively stable throughout the decade.

By 2010, Altria's stock price had increased by over 50%, while the dividend yield had dropped to around 4.5%.

The company's stock performance has been closely tied to its dividend yield, with investors often seeking out dividend-paying stocks like Altria as a way to generate regular income.

Altria Dividend Yield History

Altria's dividend yield has been steadily increasing over the years, with a peak of $1.020 in 2024.

One notable trend is the consistent payout amount, with some years seeing a slight decrease. For example, in 2023, the payout amount was $0.940, down from $1.020 in 2024.

Altria's dividend yield has ranged from a low of $0.610 in 2017 to a high of $1.020 in 2024.

Here's a breakdown of the dividend yield history:

Altria's dividend yield has been increasing over the years, with some fluctuations.

Market

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Altria Group's dividend yield has consistently been higher than the market average in the US. The company's dividend yield is currently 8.5%, which is higher than the average of 5.3% for the tobacco industry.

The company's dividend yield has fluctuated over the years, but it has remained relatively stable. In 2022, the dividend yield was 8.23%, and in 2021, it was 7.6%.

Here's a comparison of Altria Group's dividend yield to the market average:

As you can see, Altria Group's dividend yield is significantly higher than the market average, and even higher than the top 25% of dividend payers in the US.

Dividend Information

Altria Group's dividend yield has been a topic of interest for many investors. The company has a current dividend yield of 7.68%, which is well covered by earnings.

Altria Group's dividend payments are stable and have increased over the past 10 years. This suggests a consistent and growing dividend stream for shareholders.

For your interest: Citi Group History

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The payout ratio of Altria Group is currently 115.69% on earnings, which is higher than the market average and the Consumer Goods industry average. However, the company generates enough cash to maintain its dividend in the future.

Here are some key dividend metrics for Altria Group:

Altria Group's next dividend payment date is January 10, 2025, with an ex-dividend date of December 26, 2024.

Earnings and Financials

Altria Group has consistently paid dividends since 1919, making it one of the oldest dividend-paying companies in the US.

The company's dividend payout has grown significantly over the years, with a 10-year average annual dividend growth rate of 8.6%. This growth has been fueled by the company's consistent earnings and cash flow.

Altria's dividend yield has fluctuated over the years, but it has remained relatively stable, averaging around 4.5% over the past decade. This is a testament to the company's commitment to returning value to shareholders.

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In 2020, Altria paid out $4.4 billion in dividends, representing a significant portion of its net income. This payout underscores the company's focus on shareholder returns.

Altria's dividend payout ratio has remained relatively stable, averaging around 60% over the past decade. This suggests that the company has a sustainable dividend policy in place.

Returns and History

Altria's dividend yield has seen a steady decline over the years, with the lowest recorded yield being $0.565 in 2016.

Looking at the data, we can see that the dividend yield has decreased by at least $0.100 every 2-3 years since 2016. This trend suggests that investors may not see the same level of returns in the future.

Here's a breakdown of Altria's dividend yield history:

The decline in dividend yield may be a concern for income investors, but it's essential to consider the overall performance of the company and its potential for future growth.

Stock Performance

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Altria Group's stock performance has been a bit of a mixed bag. The company showed a return of -2.60% last month.

This is slightly worse than the worldwide average of -2.49%. Consumer Goods firms as a whole did even better, with a return of -1.86%.

Over the past year, Altria Group's performance has been quite poor, with a return of -2.00%. This is a stark contrast to the overall performance of Tobacco firms in the USA, which has been a bit of a bright spot.

For more insights, see: Blackstone Group Lp Dividend History

Returns

Altria Group's stock performance has been a mixed bag. Last month, it showed a return of -2.60% compared to a worldwide average of -2.49% and a -1.86% return for Consumer Goods firms.

The company's performance over the last year is also worth noting. Altria Group obtained a -2.00% return versus a worldwide performance of 8.71%.

In comparison to other companies, Altria Group's return is lower than the worldwide average, and even lower than the average return for Consumer Goods firms.

Explore further: Average Accounting Return

History

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The company has a long history of paying dividends to its shareholders. This history dates back to 2015.

The first dividend payment was made in June 2015, with a cash amount of $0.520. This amount has fluctuated over the years, but it's interesting to note that the company has consistently paid dividends every quarter since then.

In 2016, the dividend payment remained at $0.520 for the first two quarters. However, it decreased to $0.565 in the third quarter and remained at that level for the rest of the year.

The company has also increased its dividend payment over time. For example, in 2017, the dividend payment increased to $0.660 in the first quarter and remained at that level for the rest of the year.

Here's a breakdown of the dividend payments made by the company since 2015:

The company's dividend payment has been consistently increasing over the years, with some minor fluctuations. This trend suggests that the company is committed to rewarding its shareholders with a growing dividend payment.

Frequently Asked Questions

What is the forward dividend yield of MO?

The forward dividend yield of MO is 7.79%, ranking it in the top 15% among similar investments. This yield indicates a potentially attractive income opportunity for investors.

What is Altria dividend forecast for 2025?

Altria is expected to pay out approximately $7 billion in dividends in 2025. This represents a significant dividend payment that could be attractive to income-focused investors.

How often does MO payout?

MO payouts are made quarterly, providing regular returns to investors

Micheal Pagac

Senior Writer

Michael Pagac is a seasoned writer with a passion for storytelling and a keen eye for detail. With a background in research and journalism, he brings a unique perspective to his writing, tackling a wide range of topics with ease. Pagac's writing has been featured in various publications, covering topics such as travel and entertainment.

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