Altria Group (MEX:MO) Dividend Yield % : 6.32% (As of Dec. 13, 2024)

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What is Altria Group Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of Altria Group is 6.32%.

Warning Sign:

Altria Group Inc stock dividend yield is close to 2-year low.

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

MEX:MO' s Dividend Yield % Range Over the Past 10 Years
Min: 3.07 Med: 6.63 Max: 9.67
Current: 6.32

During the past 13 years, the highest Dividend Yield of Altria Group was 9.67%. The lowest was 3.07%. And the median was 6.63%.

MEX:MO's Dividend Yield % is ranked better than
53.33% of 30 companies
in the Tobacco Products industry
Industry Median: 6.95 vs MEX:MO: 6.32

Altria Group's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.74.

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 0.79, which seems too high.

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.

As of today (2024-12-13), the Forward Dividend Yield % of Altria Group is 7.35%.

Altria Group's Dividends per Share for the three months ended in Sep. 2024 was MXN20.08.

During the past 12 months, Altria Group's average Dividends Per Share Growth Rate was 4.20% 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.

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

Altria Group Dividend Yield % Historical Data

The historical data trend for Altria Group's Dividend Yield % 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 Dividend Yield % Chart

Altria Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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6.69

9.32

7.37

8.27

9.91

Altria Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Yield %	Get a 7-Day Free Trial															9.42	9.91	9.40	8.23	7.02

Competitive Comparison of Altria Group's Dividend Yield %

For the Tobacco subindustry, Altria Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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's Dividend Yield % Distribution in the Tobacco Products Industry

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

* The bar in red indicates where Altria Group's Dividend Yield % falls into.

Altria Group Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Altria Group Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
USD 1.020000	2024-09-13	2024-09-16	2024-10-10	Cash Dividend	quarterly	USD:MXN 19.596300
USD 0.980000	2024-06-14	2024-06-14	2024-07-10	Cash Dividend	quarterly	USD:MXN 18.194600
USD 0.980000	2024-03-22	2024-03-25	2024-04-30	Cash Dividend	quarterly	USD:MXN 16.769300
USD 0.980000	2023-12-20	2023-12-21	2024-01-10	Cash Dividend	quarterly	USD:MXN 17.192700

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Altria Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	71.101694	/	1119.00
	=	6.35 %

Current Share Price is MXN1119.00.
Altria Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN71.101694.

Altria Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	79.952904	/	1119.00
	=	7.15 %

Current Share Price is MXN1119.00.
Altria Group's Dividends per Share for the forward twelve months is calculated as MXN19.988226 * 4 = MXN79.952904.

Altria Group (MEX:MO) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Altria Group Dividend Yield % Related Terms

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Altria Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Altria Group Inc (MEX:MO) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

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

Address

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

Website

https://www.altria.com

Altria comprises Philip Morris USA, us 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 42% annual share in 2023. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and operates a joint venture with Japan Tobacco in the heated tobacco category. It also recently disposed of its investment in Juul Labs.