Altria Group (Altria Group) Dividend Payout Ratio

: 0.84 (As of Dec. 2023)

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Altria Group's dividend payout ratio for the months ended in Dec. 2023 was 0.84.

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 0.78, 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:

MO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.78 Max: 0.79
Current: 0.78

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 0.78.

MO's Dividend Payout Ratio is ranked worse than
67.86% of 28 companies
in the Tobacco Products industry
Industry Median: 0.65 vs MO: 0.78

As of today (2024-04-16), the Dividend Yield % of Altria Group is 9.49%.

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 5.19%.

Altria Group's Dividends per Share for the months ended in Dec. 2023 was $0.98.

During the past 12 months, Altria Group's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Altria Group was 100.20% per year. The lowest was -26.50% per year. And the median was 8.65% per year.

The growth rate is calculated with least square regression.

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

Altria Group Dividend Payout Ratio Historical Data

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.

* Premium members only.

Altria Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.78

0.76

0.78

Altria Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.80	0.80	0.72	0.77	0.84

Competitive 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 Distribution

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.

Altria Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Altria Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.84	/	4.95
	=	0.78

Altria Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.98	/	1.17
	=	0.84

Altria Group (NYSE:MO) Dividend Payout Ratio Explanation

In dividends investing, 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

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Altria Group (Altria Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Altria Group Inc (NYSE:MO) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MO:Mexico 1MO:Italy PHM7d:UK 0R31:UK PHM7:Germany PHM7:Germany PHM7:Germany PHM7:Germany MO:Chile MOOO34:Brazil ALTR:Austria MO:Argentina

Address

6601 West Broad Street, Richmond, VA, USA, 23230

Website

https://www.altria.com

Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds 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 U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.

Executives

Clarke Ian L.t.	director	6601 W BROAD ST, RICHMOND VA 23230
Robert Matthew Davis	director	6601 W. BROAD STREET, RICHMOND VA 23230
Jacinto J Hernandez	director	777 HIDDEN RIDGE, IRVING TX 75038
Mario Max Yzaguirre	director	1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Marjorie Mary Connelly	director	2580 PALMER DR, KESWICK VA 22947
Ellen R Strahlman	director	ALTRIA GROUP, INC., 6601 W. BROAD STREET, RICHMOND VA 23230
Nabil Y Sakkab	director	6601 WEST BROAD STREET, RICHMOND VA 23230
Virginia E Shanks	director	4170 CAUGHLIN PARKWAY, RENO NV 89519
Casteen John T Iii	director	301 S. COLLEGE STREET, 30TH FLOOR, NC0630, CHARLOTTE NC 28288-0630
Kathryn B. Mcquade	director	6601 WEST BROAD STREET, RICHMOND VA 23230
Kiely W Leo Iii	director
Mark Newman	director	1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Kelly Ennis Debra J	director	4405 A INTERNATIONAL BLVD, NORCROSS GA 30093
Surgner W Hildebrandt Jr	officer: VP, Corp. Sec'y & Assoc. GC	6601 WEST BROAD STREET, RICHMOND VA 23230
Daniel J Bryant	officer: Vice President & Treasurer	6601 WEST BROAD STREET, RICHMOND VA 23230