---
title: "Altria Increases Quarterly Dividend by 4.1% to $1.02 Per Share | MO Stock News"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/212289995.md"
description: "Altria Group, Inc. announced a 4.1% increase in its quarterly dividend to $0.92 per share, up from $0.88. The dividend will be payable on October 10, 2024, to shareholders of record as of September 16, 2024. This marks the company's 59th dividend increase in 55 years, aligning with its goal of mid-single digits growth in dividend per share through 2028."
datetime: "2024-08-22T17:15:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/212289995.md)
  - [en](https://longbridge.com/en/news/212289995.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/212289995.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/212289995.md) | [繁體中文](https://longbridge.com/zh-HK/news/212289995.md)


# Altria Increases Quarterly Dividend by 4.1% to $1.02 Per Share | MO Stock News

08/22/2024 - 01:15 PM

RICHMOND, Va.--(BUSINESS WIRE)--Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors voted to increase our regular quarterly dividend by 4.1% to $1.02 per share versus the previous rate of $0.98 per share. The quarterly dividend is payable on October 10, 2024 to shareholders of record as of September 16, 2024. The ex-dividend date is September 16, 2024.

The new annualized dividend rate is $4.08 per share, representing a dividend yield of 7.9% based on our closing stock price of $51.81 on August 21, 2024.

Today’s dividend increase is consistent with our progressive dividend goal that targets mid-single digits dividend per share growth annually through 2028. This increase marks the 59th dividend increase in the past 55 years.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240822789273/en/

Altria Client Services

Investor Relations

804-484-8222

Altria Client Services

Media Relations

804-484-8897

Source: Altria Group, Inc.

### Related Stocks

- [Altria Group, Inc. (MO.US)](https://longbridge.com/en/quote/MO.US.md)

## Related News & Research

- [First County Bank CT Purchases 15,386 Shares of Altria Group, Inc. $MO](https://longbridge.com/en/news/280871221.md)
- [Up More Than 12% This Year, Is This Dividend Stock With an Ultra-High Yield a No-Brainer Buy?](https://longbridge.com/en/news/281170118.md)
- [Oil up over 1% as Mideast uncertainty keeps market jittery](https://longbridge.com/en/news/281301508.md)
- [UBS Highlights Rolls-Royce and BAE Systems as Top Aeros and Defence Picks Amid Middle East Turmoil](https://longbridge.com/en/news/281323215.md)
- [BlackRock Grows Australia Wealth Fund Mandate 74% in Two Years](https://longbridge.com/en/news/281292328.md)