Altria Group (MEX:MO) Dividend Payout Ratio: 0.80 (As of Mar. 2026) — Near Median


MEX:MO Altria Group Inc MEX:MO
68 GF Score
Price MXN1,290.00
GF Value MXN985.80
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Altria Group Dividend Payout Ratio?

Altria Group MEX:MO 68 Dividend Payout Ratio is 0.80 as of Mar. 2026, which is 4% above its 10-year median of 0.77. GuruFocus rates MEX:MO with a GF Score™ of 68/100 and a GF Value™ of MXN985.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 29 Tobacco Products companies, Altria Group ranks worse than 58.62% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Altria Group's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Altria Group Inc is 0.76, which seems too high.

The historical rank and industry rank for Altria Group's Dividend Payout Ratio or its related term are showing as below:

MEX:MO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.77   Max: 0.79
Current: 0.76

During the past 13 years, the highest Dividend Payout Ratio of Altria Group was 0.79. The lowest was 0.49. And the median was 0.77.

MEX:MO's Dividend Payout Ratio is ranked worse than
58.62% of 29 companies
in the Tobacco Products industry
Industry Median: 0.68 vs MEX:MO: 0.76

As of today (2026-07-02), the Dividend Yield % of Altria Group is 5.83%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Altria Group was 9.67%. The lowest was 3.07%. And the median was 6.95%.

Altria Group's Dividends per Share for the months ended in Mar. 2026 was MXN19.12.

During the past 12 months, Altria Group's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Altria Group was 26.40% per year. The lowest was -26.50% per year. And the median was 8.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Altria Group (MEX:MO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Altria Group Dividend Payout Ratio Related Terms

Altria Group Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Altria Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Altria Group Dividend Payout Ratio Chart

Altria Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.76 0.78 0.78 0.77

Altria Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.71 0.73 0.82 0.80

MEX:MO vs TPB, UVV, AIIR: Dividend Payout Ratio Comparison

For the Tobacco subindustry, Altria Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Altria Group Dividend Payout Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Altria Group's Dividend Payout Ratio falls into.


MEX:MO
68GF Score
Altria Group Inc MEX:MO
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altria Group Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Altria Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=74.904/ 97.591
=0.77

Altria Group's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=19.115/ 23.803
=0.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.80 mean?
Altria Group (MEX:MO) has a Dividend Payout Ratio of 0.80 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Altria Group and its competitors. This is near median its historical median of 0.77. Over the past decade, Altria Group's Dividend Payout Ratio has ranged from 0.49 to 0.79. According to the industry distribution chart, Altria Group ranks #17 out of 29 companies in the Tobacco Products industry, placing it in the top 58.6%.
Is Altria Group's Dividend Payout Ratio too high?
Altria Group's current Dividend Payout Ratio of 0.80 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.79. The Tobacco Products industry median Dividend Payout Ratio is 0.68. Altria Group's value of 0.80 is 17.6% above this industry median. Based on the distribution chart, Altria Group ranks #17 out of 29 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Altria Group has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altria Group's Dividend Payout Ratio compare to TPB and UVV?
According to the Tobacco Products industry distribution chart, Altria Group ranks #17 out of 29 companies for Dividend Payout Ratio. This places Altria Group in the lower half of its industry. The industry median Dividend Payout Ratio is 0.68. Altria Group's value of 0.80 is 17.6% above this benchmark. Historically, Altria Group's own Dividend Payout Ratio has ranged from 0.49 to 0.79 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.68, Altria Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Tobacco Products company?
The median Dividend Payout Ratio among Tobacco Products companies is 0.68, based on 29 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altria Group's current Dividend Payout Ratio of 0.80 is 17.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Altria Group and its competitors. For the Tobacco Products industry, the median Dividend Payout Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altria Group's current Dividend Payout Ratio is 0.80, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altria Group stock overvalued right now?
Based on GuruFocus' analysis, Altria Group (MEX:MO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN985.80, compared to a current price of MXN1,290.00 — trading 30.9% above its estimated fair value. The current Dividend Payout Ratio is 0.80, which is near median its 10-year median of 0.77 and 17.6% above the Tobacco Products industry median of 0.68. Altria Group's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Altria Group (MEX:MO), the current Dividend Payout Ratio is 0.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Altria Group (MEX:MO) Overvalued in 2026?

Based on GuruFocus' analysis, Altria Group stock appears to be overvalued. The current stock price of MXN1,290.00 is trading 30.9% above its estimated GF Value™ of MXN985.80. GuruFocus considers Altria Group to be Significantly Overvalued.

Key valuation signals for MEX:MO:

  • Dividend Payout Ratio: 0.80 (near median its 10-year median of 0.77)
  • GF Value™: MXN985.80 vs. price of MXN1,290.00 (30.9% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 17.6% above the Tobacco Products median (#17 of 29)

No single metric tells the full story. See the MEX:MO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Altria Group Business Description

Address 6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 40% share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, and a 41% stake in cannabis manufacturer Cronos. In reduced-risk products, it acquired vaping company Njoy Holdings in 2023, operates a joint venture with Japan Tobacco in the heated tobacco category for the US, and sells the On brand in nicotine pouches.
68GF Score

Get the complete analysis for MEX:MO

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,290.00
Price
MXN985.80
GF Value