Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. The main interest for most investors is Altria’s dividend. Its ADSs were down 1.5% at $37.57, as well as down almost 20% from their 52-week high. Altria Group Inc is a company in the U.S. stock market and it is a holding in 193 U.S.-traded ETFs. That said, Altria’s first-quarter adjusted diluted earnings rose by 18.5% in its quarterly report from the end of April. Philip Morris International Inc. (NYSE: PM) is the former U.S. operations of Altria, and its shares were also down 0.75% at $67.80, with a $105 billion market value. ... United States Tobacco Company celebrates the 175 th anniversary of Copenhagen by introducing Copenhagen Long Cut. Find the latest dividend history for Altria Group, Inc. (MO) at Nasdaq.com. On the other hand, for January’s dividend payout, the ex-dividend date falls right before the Christmas holiday. Altria Group (MO) Declares $0.86 Quarterly Dividend; 8% Yield Altria Group (MO) Raises Quarterly Dividend 2.4% to $0.86; 8.2% Yield Altria Group (MO) Declares $0.84 Quarterly Dividend; 9.3% Yield The news had prompted more than a 6% loss in its shares. Touch device users, explore by touch or with swipe gestures. Historically, the small investors could count on Altria raising the dividend annually combined with some appreciation in stock price. Altria Group Inc. (NYSE: MO) was down almost 1% at $37.25, and that is down 30% from its 52-week high of $53.11. Overall, Altria's third-quarter revenues net of excise taxes rose about 5% and its adjusted EPS was flat. Free cash flow has also provided enough cushion for distributions as well. Piano • Client Dashboard. The dividend yield of 5.82% is therefore considered stable. On May 14, Altria also maintained its $0.84 quarterly per share dividend that is payable on July 10. Despite more than 50 years of declining smoking rates in America, Altria has delivered as a reliable dividend growth investment. Altria Group, Inc. (MO) Dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date. So when a company with a two-decade-long streak of annual dividend increases under its belt makes the choice to … The company is now a Dividend King having raised the dividend for 50 consecutive years. Like many companies facing uncertainties due to the coronavirus pandemic, Altria withdrew its 2020 profit forecasts. I have a $10 price target on IMBBY. A dividend cut isn’t likely within the next couple years. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? However, if Altria Group Inc continues stumbling on, it may do the unthinkable and cut dividends. An error has occurred. Dividend Schedule & History. Altria Group pays an annual dividend of $3.44 per share, with a dividend yield of 8.39%. Visit site. Altria’s dividend objective is to keep a payout ratio of roughly 80% of adjusted diluted earnings per share. Thesis Altria (MO) continues to execute relatively well: The company keeps growing its profits, and the growth in its smokeless products segment remains solid. U.K. tobacco giant Imperial Brands has slashed its dividend by one-third in an effort to conserve cash and pay down its 14 billion GBP debt. Sometimes, early success may make us blind to changes. A cash dividend payment of $0.86 per share is scheduled to be paid on October 09, 2020. Altria Group (MO) will begin trading ex-dividend on September 14, 2020. Altria’s Dividend. Instead, Altria is a dangerous dividend stock because of its current high valuation. Altria's Board of Directors declared a regular quarterly dividend of $0.86 per share, payable on January 11, 2021 to shareholders of record. While I believe that most of Altria's issues are self-inflicted wounds ( as discussed here), it is possible that I am not being objective. Altria Group (MO) will begin trading ex-dividend on September 14, 2020. Altria's cash flows will take a small hit, but its own dividend will not be impacted. Imperial Brands shares were currently down about one-third from their 52-week highs, but the dividend screened out at an unsustainable 17% or so. Some of Altria’s biggest fans also like to add that the company has increased its dividends for 42 consecutive years. ... a rollover of cuts … For example, if you bought a share of Altria Group Inc today for $40/share, you can expect to earn an annual dividend of $3.44/share. Use our new tool, Propelor, to track your future dividend income and better manage your portfolio when common stocks like Altria Group increases dividend. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 11.75% each year. Rival British American Tobacco PLC (NYSE: BTI) has American despositary shares, and it is much larger in size and comes with a yield of better than 7%. The reason I use a dividend discount model analysis is because a business is ultimately equal … Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. This could indicate that the company has never provided a dividend or Except for 2019, Altria's dividend has been covered by EPS every year since 1990. The bad news is that without guidance and with so much uncertainty in the economy, it is hard to tell exactly how high or how low Altria’s earnings will be in 2020 and in 2021. Summary. ... Altria and Philip Morris' IQOS 3 Device Wins FDA Approval. Using an 80% ratio would come to annualized payouts of up to $3.44 per share after the current payout and $3.62 per share. From the perspective of an income investor who wants to earn dividends for many years, there is not much point buying a stock if its dividend is regularly cut or is not reliable. A cash dividend payment of $0.86 per share is scheduled to be paid on October … Altria's Board of Directors declared a regular quarterly dividend of $0.86 per share, payable on January 11, 2021 to shareholders of record. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.3. In 2019, though, Altria returned to a more typical boost, hiking its dividend 5% to its current level of $0.84 per share quarterly. Altria’s dividend history is long and steady, but it could now be in jeopardy. The DDM analysis gives me a fair value of $58.48. Historical dividend payout and yield for Altria (MO) since 1972. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. Each week, stocks, funds and REITs announce upcoming dividend payouts. The current TTM dividend payout for Altria (MO) as of December 31, 2020 is $3.44.The current dividend yield for Altria … Imperial is known for its Winston and Kool brands, and it could spell trouble for the high payouts found in the dividends of other tobacco giants, which are known for their hefty dividend payouts to shareholders. Altria enjoys numerous competitive advantages, and the company is performing quite well in 2020, even in a challenging environment. Altria Group Inc (NYSE: MO) has a dividend yield of 9%. Altria Group Inc is a company in the U.S. stock market and it is a holding in 193 U.S.-traded ETFs. Except for 2019, Altria's dividend has been covered by EPS every year since 1990. 1974. Dividend history information is presently unavailable for this company. Where things get dicey for U.S. investors is if Altria or Philip Morris would have to, or decide to, trim their dividends. However, management reiterated that the dividend “is a top priority.” It also stated that it is targeting an 80% payout ratio. Management's ability to adapt to the tobacco industry's various challenges, along with Altria's portfolio of premium cigarette brands, have allowed the company to raise prices fast enough to offset volume declines and keep its earnings (and dividend) growing. That trend is cutting into Marlboro’s market share, and Altria’s management also noted that smokers were moving to cheaper brands. Finally, Altria is currently offering a nearly decade-high dividend yield of 8.6%. MO has around 158.5M shares in the U.S. ETF market. MO Dividends Get information about Altria dividends and ex-dividend dates. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Seeking Alpha Premium Dividend Score. Is Altria Dividend A Value Trap? Altria's Board votes to increase Altria's regular quarterly dividend for the 54 th time in 50 years. Dividend Summary for Altria Group, Inc. Security: MO (Common Stock). ... As for the flip side supporting its dividend, the team at Stifel called Altria too cheap at the current levels. Older smokers also were more likely said to be buy discount cigarettes than younger smokers. MO's next quarterly dividend payment will be made to shareholders of record on Monday, January 11. The previous Altria Group Inc. dividend was 86c and it went ex 4 months ago and it was paid 3 months ago. Altria Group (MO) Declares $0.86 Quarterly Dividend; 8% Yield Altria Group … Refinitiv currently has Altria’s consensus earnings estimates at $4.30 per share for 2020 and $4.53 per share for 2021. The previous Altria Group Inc. dividend was 86c and it went ex 4 months ago and it was paid 3 months ago. Vector’s website represents that the company is the fourth-largest domestic cigarette manufacturer, and its brands are Pyramid, Grand Prix, Liggett Select, Eve and Eagle 20’s. Altria’s current quarterly dividend is $0.84. Another increase of that magnitude would make the dividend about $2.81 a … It may seem odd to think that U.S. companies would follow the lead of smaller British or European ones, but in the COVID-19 recession all bets seem to be possible, and there have been some similar trends in the new recession. Its market cap is $69 billion. Action: Dividend cut (to 44 cents per share annually) Annual dividend prior to change: $3.16 per share Oil and gas exploration and production company Occidental Petroleum ( OXY , … As long as Altria can keep the dividend going without a cut, shareholders have a lot to look forward to at this valuation. This earns a positive mark in the SafetyNet Pro grading system. (NYSE: BUD) and Cronos Group Inc. (NASDAQ: CRON), and after its key Marlboro brand the company has Nat Sherman and John Middleton in smoking and Copenhagen is non-combustible tobacco. Dividend.com: The #1 Source For Dividend Investing. 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