Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. You can find more details by going to one of the sections under this page such as ex-date, dividend and payment date. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.3. 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. The news had prompted more than a 6% loss in its shares. With a high dividend yield of 9%, we view Altria stock attractively for value and income investors. Altria’s Dividend. What Is SafetyNet Pro? 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. Altria’s dividend objective is to keep a payout ratio of roughly 80% of adjusted diluted earnings per share. The previous Altria Group Inc. dividend was 86c and it went ex 4 months ago and it was paid 3 months ago. Anheuser-Busch InBev has cut its dividend in half. MO's next quarterly dividend payment will be made to shareholders of record on Monday, January 11. 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. Overall, Altria's third-quarter revenues net of excise taxes rose about 5% and its adjusted EPS was flat. Chart. While I like Altria, I would be selling the minute it declares a dividend cut. SafetyNet Pro is a groundbreaking tool … For the purpose of this article, we only scrutinise the last decade of Altria Group's dividend payments. The reason I use a dividend discount model analysis is because a business is ultimately equal … Dividend.com: The #1 Source For Dividend Investing. Its shares are still down 25% from its 52-week high of $90.17. Companies are making whatever financial moves and adjustments they can make to remain healthy during the instant recession. However, management reiterated that the dividend “is a top priority.” It also stated that it is targeting an 80% payout ratio. Seeking Alpha - The strong market rally over the past 6 months has left Altria (MO) in the dust. 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 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. The next Altria Group Inc. dividend went ex 11 days ago for 86c and will be paid in 7 days. The current TTM dividend payout for Altria (MO) as of December 31, 2020 is $3.44.The current dividend yield for Altria … Yet those who've invested in Altria … Overall, the stock is likely to offer average annual returns of about 13% over the next five years thanks to expected 3% annual earnings-per-share growth, its 8.6% dividend and a 3.5% annualized expansion of … On the other hand, for January’s dividend payout, the ex-dividend date falls right before the Christmas holiday. 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. Currently sporting a 7.57% dividend yield, this is yet another venerable name where fears of a dividend cut have scared off some investors. Altria recently raised its quarterly dividend 14.3% to $0.80 per share, which boosted its forward yield to a multi-year high of 5.5%. 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. The company is now a Dividend King having raised the dividend for 50 consecutive years. Altria Group pays an annual dividend of $3.44 per share, with a dividend yield of 8.39%. The uncertainty surrounding e-cigarette regulation is a big reason Altria's stock has slumped, sending its dividend yield up to almost 7%. Historical dividend payout and yield for Altria (MO) since 1972. I have a $10 price target on IMBBY. The present annualized dividend rate is $3.44 per common share. Altria is apparently at risk of having to unwind its Juul investment, and regulators are constantly after Juul. The next Altria Group Inc. dividend went ex 11 days ago for 86c and will be paid in 7 days. Altria's Board votes to increase Altria's regular quarterly dividend for the 54 th time in 50 years. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). As for Altria’s future classification, if the company can maintain and keep growing its dividend then it is likely to be start being considered a defensive stock again, as it had been for two decades. 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. Yes! Altria's Board of Directors declared a regular quarterly dividend of $0.86 per share, payable on January 11, 2021 to shareholders of record. Again, these are not predictions that these 10 dividends will be cut immediately. )+)$)/i, failureMessage: "A valid email address is required"});field1.add(Validate.Format, {pattern: /\.\.|\. So when a company with a two-decade-long streak of annual dividend increases under its belt makes the choice to … The uncertainty surrounding e-cigarette regulation is a big reason Altria's stock has slumped, sending its dividend yield up to almost 7%. 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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%. 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. Sometimes, early success may make us blind to changes. Altria enjoys numerous competitive advantages, and the company is performing quite well in 2020, even in a challenging environment. U.S. tobacco shares were also trading lower on Tuesday. Altria celebrates its 100 th anniversary of incorporation. A cash dividend payment of $0.86 per share is scheduled to be paid on October 09, 2020. Note that the apparent dividend cuts in 2007, 2008 and 2009 are a result of Altria spinning off various non-US tobacco businesses, such as Philip Morris International, Kraft, and Miller. Altria’s dividend objective is to keep a payout ratio of roughly 80% of adjusted diluted earnings per share. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.3. Dividend Summary for Altria Group, Inc. Security: MO (Common Stock). Dividend Reliability A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. Customers also were said to be switching to cheaper products during the downturn. This earns a positive mark in the SafetyNet Pro grading system. Some of Altria’s biggest fans also like to add that the company has increased its dividends for 42 consecutive years. Touch device users, explore by touch or with swipe gestures. However, Altria hasn’t announced a dividend cut. While the S&P 500 (SPY) has risen by 13.6%, MO stock is essentially … Altria: The 8.0% Dividend Yield Window Is Closing (NYSE:MO) - Flipboard 10.8% over the past five years. Elsewhere, Vector Group Ltd. (NYSE: VGR) is also in tobacco (and real estate), and it comes with a 12% dividend yield. Regulatory pressure also was a reason for the dividend cut. Altria Group, Inc. (MO) Dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date. Piano • Client Dashboard. (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. ... a rollover of cuts … This means that as long as the dividend stays constant, the investor receives 8.60% of their original investment back each year. Dividend Summary. Altria's Board of Directors declared a regular quarterly dividend of $0.86 per share, payable on January 11, 2021 to shareholders of record. The current dividend yield for Altria … Anheuser-Busch InBev's (BUD) dividend cut will lead to lower dividend proceeds for Altria, which will pressure Altria's cash generation slightly. 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. After earnings, Altria also said that older smokers who had switched to vaping were turning back to buying discount cigarettes. ... As for the flip side supporting its dividend, the team at Stifel called Altria too cheap at the current levels. The current climate has brought enough uncertainty that Altria joined the waves of companies withdrawing their 2020 full-year guidance. Altria Group (MO) will begin trading ex-dividend on September 14, 2020. Altria’s earnings announcement addressed its dividend going forward as remaining important and a top priority for its investors. expected the dividend cut later this year so this was sooner than expected. The current TTM dividend payout for Altria (MO) as of December 31, 2020 is $3.44 . Lastly, Altria stock has a high dividend yield of 9.3%. The DDM analysis gives me a fair value of $58.48. Altria Group (MO) Declares $0.86 Quarterly Dividend; 8% Yield Altria Group … ... United States Tobacco Company celebrates the 175 th anniversary of Copenhagen by introducing Copenhagen Long Cut. These symbols will be available throughout the site during your session. Income investors seek a steady stream of dividends. Dividend history information is presently unavailable for this company. With the FDA responding to vaping related fatalities, Altria’s stock (certainly a sin stock) has been beaten down.Let’s take a look at the business, dividend history, and payout safety going forward. Free cash flow has also provided enough cushion for distributions as well. Historically, the small investors could count on Altria raising the dividend annually combined with some appreciation in stock price. that a dividend is pending. 4. While I reinvest some of the dividends back in one of my portfolios, I generally get most of my Altria dividends in cash to redeploy elsewhere or to spend. ... 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