Altria Confirms $1.06 Quarterly Dividend, Extending Decades of Consistent Payouts
Richmond, Thursday, 11 December 2025.
Altria declares a $1.06 dividend, extending a 55-year payment history. With a yield topping 7 percent, the company prioritizes consistent returns despite ongoing sector headwinds.
Details of the Quarterly Declaration
Altria Group, Inc. (NYSE: MO) formally announced on Wednesday, December 10, that its Board of Directors has approved a regular quarterly dividend of $1.06 per share [1][3]. Investors looking to capitalize on this payout must be on the company’s books by December 26, 2025, which also serves as the ex-dividend date [1][2]. The funds are scheduled to be distributed to eligible shareholders on January 9, 2026 [1][4].
Valuation and Yield Analysis
At the time of the declaration, Altria’s stock price closed at $58.75 on the New York Stock Exchange [3]. The company currently presents a Price-to-Earnings (P/E) ratio of 11.2, a valuation that suggests the stock may be undervalued relative to fair value estimates [3]. This latest dividend declaration underscores a robust yield of 7.29%, reinforcing the company’s appeal to income-focused investors in the consumer staples market [3].
A Legacy of Shareholder Returns
The Richmond-based tobacco giant has cultivated a long-standing reputation for returning capital to its investors. Altria has maintained dividend payments for 55 consecutive years, marking a significant history of financial consistency [3]. Furthermore, the company has successfully increased its dividend for 15 successive years, demonstrating resilience even as the industry faces evolving regulatory and consumer landscapes [2][3].
Navigating Market Headwinds
Despite the reliable income stream, Altria continues to grapple with challenges in its core business. Recent third-quarter results highlighted a 9.0% decline in underlying cigarette volumes, though this was an improvement over the 10.5% drop recorded in the previous quarter [3]. The company noted that while its lower-priced ‘Basic’ brand performed well, its premium Marlboro brand experienced a sequential decline in market share [3].
Analyst Perspectives
Financial analysts have adjusted their outlooks in response to these mixed results. Citing pressures in the premium combustible segment and a shift toward discount categories, Jefferies lowered its price target for Altria to $47.00 from $50.00, maintaining an ‘Underperform’ rating [3]. Similarly, UBS reduced its price target to $61.00 from $68.00 while keeping a ‘Neutral’ rating, reflecting the ongoing risks to revenue growth in the U.S. combustibles market [3].