<div id="readability-page-1"><p><strong>Altria Group, Inc.</strong> (NYSE:MO - Get Free Report) announced a quarterly dividend on Thursday, August 21st, RTT News reports. Shareholders of record on Monday, September 15th will be paid a dividend of 1.06 per share on Friday, October 10th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Monday, September 15th. This is a 3.9% increase from Altria Group's previous quarterly dividend of $1.02.</p><ul><li>Ride the Rally: 3 Earnings Winners With More Upside Ahead</li></ul><p>Altria Group has a dividend payout ratio of 73.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Altria Group to earn $5.54 per share next year, which means the company should continue to be able to cover its $4.08 annual dividend with an expected future payout ratio of 73.6%. </p><h2>Altria Group Stock Performance</h2><p>NYSE:MO traded up $0.0480 on Thursday, hitting $67.6280. 5,961,778 shares of the stock were exchanged, compared to its average volume of 8,667,410. The stock has a market capitalization of $113.61 billion, a price-to-earnings ratio of 13.08, a P/E/G ratio of 3.63 and a beta of 0.59. Altria Group has a 52 week low of $48.86 and a 52 week high of $67.87. The company's 50-day moving average price is $60.92 and its 200 day moving average price is $58.66. </p><ul><li>These 3 Stocks Could Help You Compound Wealth for Years to Come</li></ul><p>Altria Group (NYSE:MO - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.07. The firm had revenue of $5.29 billion during the quarter, compared to analysts' expectations of $5.21 billion. Altria Group had a negative return on equity of 295.26% and a net margin of 37.24%.The company's quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.31 EPS.  Altria Group has set its FY 2025 guidance at 5.350-5.450 EPS. As a group, equities research analysts predict that  Altria Group will post 5.32 earnings per share for the current year. </p><h2>Hedge Funds Weigh In On Altria Group</h2><p>Several institutional investors and hedge funds have recently modified their holdings of MO. Mattson Financial Services LLC acquired a new position in  Altria Group during the 1st quarter worth approximately $25,000.  Global X Japan Co. Ltd. bought a new stake in shares of  Altria Group during the 2nd quarter worth approximately $25,000.  Carderock Capital Management Inc. bought a new stake in shares of  Altria Group during the 2nd quarter worth approximately $26,000.  Darwin Wealth Management LLC bought a new stake in shares of  Altria Group during the 2nd quarter worth approximately $27,000.  Finally, Country Trust Bank raised its stake in  Altria Group by 400.0% in the 2nd quarter. Country Trust Bank now owns 500 shares of the company's stock valued at $29,000 after acquiring an additional 400 shares during the period. 57.41% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Altria Group</h2> (Get Free Report)<ul><li>Why Centene Stock Dropped 40% — And Whether It's a Buy Now</li></ul><p>Altria Group, Inc, through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black &amp; Mild brand; moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Altria Group</li><li>What is the Dogs of the Dow Strategy? Overview and Examples</li><li>3 Robotics Stocks at the Heart of the Robotics Revolution</li><li>Stock Analyst Ratings and Canadian Analyst Ratings</li><li>Tilray's High Hopes: The Catalyst Driving Cannabis Stocks</li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>Amazon Stock Sets Up for Breakout After Bullish Crossover</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1P?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1P"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Altria Group Right Now?</h2><p>Before you consider Altria Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Altria Group wasn't on the list.</p><p>While Altria Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Altria Group, Inc. (NYSE:MO) announced a quarterly dividend increase to $1.06 per share, up 3.9% from the previous $1.02. Shareholders of record on September 15 will receive the dividend on October 10, yielding 6.3%. The company maintains a dividend payout ratio of 73.6%, indicating earnings sufficiently cover the dividend. Altria's stock traded at $67.63, with a market cap of $113.61 billion and a P/E ratio of 13.08. Analysts expect earnings of $5.54 per share next year, supporting future dividend payments.</p>

Altria Group, Inc. (NYSE:MO) to Issue Dividend Increase - $1.06 Per Share