Altria Group (MO) Dividend
Dividend King — 54 consecutive years of dividend increases.
Altria Group (MO) currently pays a dividend yield of 6.20%, distributing $4.24 per share annually ($1.06 per quarter). The company operates in the Consumer Staples sector.
MO has raised its dividend for 54 consecutive years, earning it Dividend King status — an elite group of companies with 50 or more years of uninterrupted dividend increases.
MO dividend at a glance
| Dividend Yield | 6.20% |
|---|---|
| Annual Dividend | $4.24 per share |
| Per Payment | $1.06 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | September 15, 2026 |
| Next Payment Date | October 12, 2026 |
| Payout Ratio | 89% |
| Consecutive Years of Dividend Growth | 54 |
| Sector | Consumer Staples |
| Implied Share Price (from yield) | $68.39 |
What MO pays on a $10,000 investment
At a 6.20% yield, $10,000 invested in MO generates about $620.00 per year, or roughly $155.00 every quarter. Share counts below use an implied price of $68.39, derived from the $4.24 annual dividend and the 6.20% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 14.6 | $62.00 | $15.50 |
| $5,000 | 73.1 | $310.00 | $77.50 |
| $10,000 | 146.2 | $620.00 | $155.00 |
| $25,000 | 365.6 | $1,550.00 | $387.50 |
| $100,000 | 1,462.3 | $6,200.00 | $1,550.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
MO dividend payment schedule
MO pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 15, 2026, with payment on October 12, 2026. Later rows are projected forward at the same interval and will shift when Altria Group declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 15, 2026 | October 12, 2026 | $1.06 | Confirmed |
| December 15, 2026 | January 11, 2027 | $1.06 | Projected |
| March 15, 2027 | April 11, 2027 | $1.06 | Projected |
| June 15, 2027 | July 12, 2027 | $1.06 | Projected |
To collect a MO dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How MO's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. MO's 6.20% is 2.39 percentage points above that median, ranking 212th of 587 by yield.
Within Consumer Staples, where we track 15 names, the median yield is 3.66% — putting MO above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 54-year run of dividend increases ranks 3rd out of the 362 names in our data with an active growth streak.
What the numbers mean
MO pays out roughly 89% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, MO distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
MO dividend FAQ
When is the next MO ex-dividend date?
The next MO ex-dividend date is September 15, 2026, with the payment scheduled for October 12, 2026. You must own shares before the ex-dividend date to receive that payment.
What is MO's dividend yield?
MO currently yields 6.20%, based on $4.24 in dividends per share over the past year.
How often does MO pay dividends?
MO pays quarterly, which works out to 4 payments per year of about $1.06 per share.
How much dividend income would $10,000 of MO generate?
At the current 6.20% yield, $10,000 invested in MO would produce roughly $620.00 per year, or about $155.00 per quarter, before taxes and assuming the dividend holds.
Has MO increased its dividend?
Yes — MO has raised its dividend for 54 consecutive years. That makes it a Dividend King.
MO dividend history
DivTrkr holds 227 recorded MO dividend payments going back to 1970, with 17 consecutive complete years of increases and +4.1% a year of growth over the last five complete years. See the full MO dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Consumer Staples dividend payers
- CPB — Campbell Soup dividend (6.77%)
- GIS — General Mills dividend (6.61%)
- CLX — Clorox Co dividend (4.72%)
- HRL — Hormel Foods dividend (4.68%)
- KMB — Kimberly-Clark dividend (4.67%)
- CAG — Conagra Brands dividend (4.63%)
- SJM — J.M. Smucker dividend (3.66%)
- MKC — McCormick & Co dividend (3.63%)
Similar yields to MO
- FEZ — State Street SPDR EURO STOXX 50 ETF dividend (6.19%)
- BWLP — BW LPG Limited dividend (6.16%)
- UPS — United Parcel Service, Inc. dividend (6.28%)
- CLOZ — Eldridge BBB-B CLO ETF dividend (6.30%)
- ANWPX — American Funds New Perspective A dividend (6.08%)
- KHC — The Kraft Heinz Company dividend (6.32%)
Track MO dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.