Altria Dividend Increase Reaches 60-Year Milestone With 3.9% Boost

2025-12-31 09:17:07

Abstract generation in progress

Shareholders of the tobacco and nicotine alternatives company (NYSE: MO) are set to receive a higher payout, as leadership approved a dividend hike on August 20, 2025. The new quarterly distribution will rise to $1.06 per share, up from the previous $1.02 benchmark—marking six decades of consecutive dividend growth spanning 56 years.

This dividend increase reflects management’s commitment to sustained capital returns. On an annualized basis, the new payout structure delivers $4.24 per share, translating to a 6.3% yield at the company’s $67.58 closing price. Investors looking to capture this distribution should note key dates: September 15, 2025 serves as both the record date and ex-dividend cutoff, while actual payments will be distributed on October 10, 2025.

The 3.9% quarterly dividend increase aligns with the company’s stated roadmap through 2028, which targets mid-single-digit per-share dividend growth annually. This trajectory positions the company among consistent dividend payers in its sector, reinforcing its appeal to income-focused portfolios.

The dividend expansion demonstrates the company’s confidence in sustained cash flow generation and shareholder value creation. By maintaining this progressive approach to capital allocation, the company continues a legacy of returning capital to long-term equity holders while investing in its evolving product portfolio.

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