Altria Dividend Increase

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On Aug. 21, 2025, Altria Group Inc. (MO) increased its dividend by 3.92%, from $1.02 to $1.06 per share. The dividend is payable on Oct. 10 to shareholders of record on Sept. 15.

Altria's forward yield is 6.27% at $67.67 per share.

Source: Simply Safe Dividends

I own 430 Altria Group shares at an average cost of $49.64 per share. The stock's contribution to my portfolio's projected annual dividend income will increase by $68.80 to $1823.20. My yield on cost is now 8.54%.

Since I opened my position in January 2014, the stock has generated a total return of 65%, including $6,148.92 in dividend income. That's a splendid annualized rate of return of 10.9%.

Additionally, Altria Group became my portfolio's 4^th Home Run stock in July 2016, when the stock doubled my original capital outlay.