Altria’s 6.5% Dividend Has Been Raised For 20 Years, But Will it Continue?

Altria’s 6.5% Dividend Has Been Raised For 20 Years, But Will it Continue?

Quick Read Altria (MO) yields 6.36% but pays $4.16 per share in dividends against $4.06 in earnings. Altria’s 2025 free cash flow of $9.07B covered $6.96B in dividends. The payout ratio was 77%. Altria carries $25.7B in total debt and negative shareholder equity of $3.5B. Altria Group Inc (NYSE:MO) is the company behind Marlboro cigarettes and smokeless tobacco products. It delivers one of Wall Street’s highest dividend yields at 6.36%. For r…