Altria Group (MO) Declares Quarterly Dividend of $1.06 per Share
Quick Take
Altria Group announces a quarterly dividend of $1.06 per share.
Key Points
- Dividend payment reflects Altria's strong cash flow.
- Record date for dividend is set for upcoming month.
- Altria continues to prioritize shareholder returns.
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~2 min readSultan Khalid
1 min read
Altria Group, Inc. (NYSE:MO) is included among the Top 12 Undervalued Dividend Stocks to Buy Now.
Altria Group, Inc. (NYSE:MO) manufactures and sells smokeable and oral tobacco products in the United States.
On May 15, Altria Group, Inc. (NYSE:MO) declared a quarterly dividend of $1.06 per share. The dividend is payable on July 10 to all shareholders as of the June 15 record. The company has increased its payouts for 56 consecutive years and maintains the prestigious title of a Dividend King. MO currently boasts a robust annual dividend of 5.80%.
Altria Group, Inc. (NYSE:MO) reported strong results for its Q1 2026 last month, exceeding expectations in both profits and revenue. The company’s adjusted EPS grew by 7.3% YoY to $1.32, while its revenue also surged by over 5% YoY to around $4.8 billion.
Altria Group also reaffirmed its target to deliver adjusted diluted EPS in the range of $5.56 to $5.72 for FY 2026, representing a growth rate of 2.5% to 5.5% from a base of $5.42 in 2025.
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— Originally published at finance.yahoo.com
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