MO · News · 20260923N
Quarterly Dividend Increase
ALTRIA GROUP, INC. · 2026-09-23 · Importance 17 · Surprise 24
Third-party reporting says Altria recently increased its quarterly dividend to $1.11 per share. The reported dividend implies a 6.4% yield at the cited share price. The increase was mentioned in connection with second-quarter institutional ownership filings, but no effective date or aggregate cash cost was provided.
Key facts
- Altria recently raised its quarterly dividend to $1.11 per share, offering a 6.4% yield. source
- Envestnet Portfolio Solutions Inc. reduced its stake in Altria Group, Inc. by 6.9% in the second quarter, selling 27,663 shares and retaining 371,057 shares worth approximately $26.7 million. source
- QRG Capital Management Inc. increased its stake in Altria Group, Inc. by 3.6% in the second quarter, bringing its total holdings to 494,560 shares valued at approximately $35.6 million. source
- Institutional investors collectively own 57.41% of Altria's stock. source
- Analysts hold a consensus "Hold" rating on Altria with an average price target of $70.11. source
- Altria Group (NYSE: MO) stock closed down 1.21% at $68.62 on September 21, 2026. source
- Following QRG's filing and dividend news, Altria's stock traded up 0.3% in mid-day trading. source
- Trading volume for Altria Group stock on September 21, 2026 was 7.90 million shares. source