Thursday, August 21st the Board of Directors of Altria Group, Inc. (MO) announced a quarterly dividend increase of from $1.02 to $1.06 per share, that’s payable October 10, 2025 to holders of record September 15, 2025. This represents a 3.92% increase over the last quarterly dividend. This increase marks the 60th dividend increase in the past 56 years.
At the current price of $67.68 (yesterday's close), this increase will raise MO's dividend yield to 6.26%.