Altria Group Inc. announced a 4.7% increase in its regular quarterly dividend, raising the payout to $1.11 per share from $1.06. The tobacco company set September 15, 2026 as the record date for shareholders, with the dividend payable on October 9, 2026.
The new quarterly rate translates to an annualized dividend of $4.44 per share, based on a closing stock price of $69.12 on Tuesday. The move aligns with Altria’s stated goal of achieving mid-single-digit annual dividend-per-share growth through 2028.
This marks the 61st dividend increase in the past 57 years for the Richmond, Virginia-based company, underscoring its long-standing commitment to returning capital to shareholders. The dividend yield stands at 6.4% following the adjustment.
