About Altria Group Inc. (MO) — Dividend Analysis 2026
Altria is a Dividend King with 54+ consecutive years of dividend increases — one of the longest streaks in American corporate history. While cigarette volumes decline, pricing power and new product categories (oral nicotine pouches via NJOY) support cash flows. The near-9% yield is among the highest in the S&P 500.
Is MO a good dividend investment in 2026?
MO offers a 9.11% forward yield with a 78% payout ratio. With a safety score of 85/100, the dividend appears very safe. The 5-year dividend CAGR of 4.3% is modest — investors should weigh current income against growth alternatives.
MO DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your MO portfolio grows to $27.7K vs $19.7K without reinvestment — a DRIP bonus of $8.0K. This is the compound interest effect in action.
MO dividend growth history & forecast
MO has grown its dividend by 4.1% over the last year and 4.3% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 9.11% — illustrating why dividend growth stocks are powerful long-term wealth builders.
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🌍 MO Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold MO.
Gross yield
9.11%
Tax rate
15.00%
After-tax yield
7.74%
Real yield (−CPI)
4.94%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
9.11%
6.31%
$911 / yr
🇺🇸 US Taxable (15%) ✓
15%
7.74%
4.94%
$774 / yr
🇺🇸 US Taxable (20%)
20%
7.29%
4.49%
$729 / yr
🇬🇧 UK ISA
0%
9.11%
6.31%
$911 / yr
🇬🇧 UK Taxable
8.75%
8.31%
5.51%
$831 / yr
🇨🇦 TFSA
0%
9.11%
6.31%
$911 / yr
🇨🇦 CA Taxable
25%
6.83%
4.03%
$683 / yr
🇦🇺 Super (pension)
15%
7.74%
4.94%
$774 / yr
🇦🇺 AU Taxable
30%
6.38%
3.58%
$638 / yr
🇩🇪 DE Taxable
26.375%
6.71%
3.91%
$671 / yr
🇫🇷 FR Taxable
30%
6.38%
3.58%
$638 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 MO Income Goal & Break-Even
Dividend Break-Even
11yr
Years for dividends to repay your full MO investment price of $44.80/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$16.2K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$13.8K
How much do I need to invest in MO for:
Shares needed
6,921
Capital required
$310,061
Monthly income
$2,000
Based on current dividend of $4.08/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 MO Dividend Payment Schedule
MO pays quarterly — 4 times per year. Next ex-div: Mar 24, 2026.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$8.67 / payment
$34.68 / year after tax
100 shares
$86.70 / payment
$346.80 / year after tax
1,000 shares
$867.00 / payment
$3468.00 / year after tax
📊 MO vs Consumer Staples Sector Benchmarks
How MO compares to typical Consumer Staples sector averages.
Dividend YieldMO: +9.11% vs sector avg 3.10% ✓ Better
Payout RatioMO: 78.00% vs sector avg 58.00% ↓ Below avg
MO━━ Consumer Staples avg: 58.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.