MO · 10-Q · 2026Q3 · Full report
Dividends and Capital Returns
ALTRIA GROUP, INC. · 2026-10-29 · Importance 69 · Surprise 50 · From source text
Altria paid $5.330 billion in dividends during the first nine months of 2026, up 3.0% from $5.175 billion in the prior-year period. In August 2026, the Board increased the quarterly dividend 4.7%, from $1.06 to $1.11 per share, bringing the annualized rate to $4.44 per share. The company stated a goal of mid-single-digit annual dividend growth through 2028, with future payments subject to Board discretion. The filing attributes the 3.0% increase in dividends paid to the higher dividend rate, partly offset by fewer shares outstanding following repurchases.
Key facts
- Altria's dividend goal targets mid-single-digit annual dividend growth through 2028; future payments remain subject to Board discretion. source
- In August 2026, Altria's Board approved a 4.7% increase in the quarterly dividend to $1.11 per share from $1.06 per share; the annualized rate was $4.44 per share. source
- Altria's first-nine-month 2026 dividends were $5,330 million, up 3.0% from $5,175 million in 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -0.5% | Altria's first-nine-month 2026 dividends were $5,330 million, up 3.0% from $5,175 million in 2025. |
| cash | negative | contingent | — | Altria's dividend goal targets mid-single-digit annual dividend growth through 2028; future payments remain subject to Board discretion. |
| cash | negative | committed | — | In August 2026, Altria's Board approved a 4.7% increase in the quarterly dividend to $1.11 per share from $1.06 per share; the annualized… |