Altria Group Dividend
Dividend criteria checks 6/6
Altria Group is a dividend paying company with a current yield of 7.39% that is well covered by earnings. Next payment date is on 10th October, 2024 with an ex-dividend date of 16th September, 2024.
Key information
7.4%
Dividend yield
68%
Payout ratio
| Industry average yield | 8.1% |
| Next dividend pay date | 10 Oct 24 |
| Ex dividend date | 16 Sep 24 |
| Dividend per share | CHF 3.920 |
| Earnings per share | CHF 5.94 |
| Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MO's dividends per share have been stable in the past 10 years.
Growing Dividend: MO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Altria Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MO) | 7.4% |
| Market Bottom 25% (CH) | 1.9% |
| Market Top 25% (CH) | 4.3% |
| Industry Average (Tobacco) | 8.1% |
| Analyst forecast in 3 Years (MO) | 8.2% |
Notable Dividend: MO's dividend (7.39%) is higher than the bottom 25% of dividend payers in the Swiss market (1.9%).
High Dividend: MO's dividend (7.39%) is in the top 25% of dividend payers in the Swiss market (4.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.8%), MO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.6%), MO's dividend payments are covered by cash flows.