Ex-Div. If you had invested in Altria Group stock at $45.25, your return over the last 23 years … All else equal, a lower price will result in a higher yield. Altria's dividend yield has soared to 10-year highs, and the stock price is at a five-year low. Most recently, from 2011 to 2015, Altria delivered total shareholder returns of 204%—more than twice the return of the S&P 500. Altria stock appears to be significantly undervalued based on its current share price. MO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 24th of March 2020: 0.84. This gives us an 8.4% Altria dividend yield at the recent Altria stock price. Bottom line: Altria Group Inc. (MO) is a high-margin business with durable competitive advantages. © 2021, Nasdaq, Inc. All Rights Reserved. HeatSticks are already available in 1,000 retail stores. The average analyst price target of $50.33 implies upside potential of around 14% from current levels over the next 12 months. Annual Report, Proxy Statement & Annual Meeting, Do Not Sell My Personal Little more than a decade after splitting to "achieve their full potential," cigarette makers Altria (NYSE:MO) and Philip Morris (NYSE:PM) are talking about getting back together. The previous Altria Group Inc. dividend was 86c and it went ex 2 months ago and it was paid 14 days ago. Disclaimer: The information contained herein is for informational purposes only. Therefore, Altria’s stock valuation in 1Q 2021 was less than half the valuation reported in 2018 based on the same amount of free cash flow. The present annualized dividend rate is $3.44 per common share. declaration 672.70%. Historically, Altria reported a price to free cash flow ratio as high as 25X in 2018. The current dividend yield for MO as of May 12, 2021 is 7.14%. A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. The company has an annual dividend pay-out of $3.44, which implies a dividend yield of 7.77%. This would imply an annualized OCF of $7.7 billion. Wall Street’s average target price indicates some upside for Altria stock despite its low valuation and high dividend yield. Altria’s dividend yield is currently at 7.7% based on the TTM dividend rate of $3.40 per commons share. And history shows that Altria stock’s payout is safe. Altria recently increased its dividend by 2.4%, representing its 55th dividend increase in the past 51 years. The all-time high Altria stock closing price was 89.40 on January 11, 2007.; The Altria 52-week high stock price is 52.59, which is 4.9% above the current share price. The stock is cheap at 9 times forward earnings. Altria earned $1.87/share in 2010 and is expected to earn $4.31/share in 2020. 2. Altria Group Inc. stock falls Tuesday, still outperforms market May. The stock yields 8.60%. 0.79%. Here are the actual 10 and 5-year return results. Some investors don’t like so-called sin stocks. Shares would need to increase 29.7% to trade with its GF Value. Based on expected 2020 earnings-per-share of $4.31, Altria stock trades for a price-to-earnings ratio of 8.9, compared with our fair value estimate of 11.0. Altria Group shareholders who own MO stock before this date received Altria Group's last dividend payment of $0.86 per share on 2021-04-30. Certainly, this is a high dividend yield. Forget Altria: Here Are 3 Better Dividend Stocks. Payout ratios above 75% are not desirable because they may not be … The present annualized dividend rate is $3.44 per common share. 1. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Disclosure: On the date of publication, Faisal Humayun did not have (either directly or indirectly) any positions in the securities mentioned in this article. Altria Dividend Yield. Add to Portfolio. This may be a one-off exceptional case. Historically, Altria reported a price to free cash flow ratio as high as 25X in 2018. If considering actual past results of Altria Group, which includes affected share prices, and long-term dividend yields, the story is a bit different. Altria Group, Inc. (MO) Nasdaq Listed. I bet it does according to the following pointers which have been thoroughly discussed in this article. When we compare it to the stock price, we get the net present value. Altria Group pays an annual dividend of $3.44 per share, with a dividend yield of 6.84%. Dividends are sustainable considering the company’s cash flow potential. For example, the company’s oral tobacco product (on!) 15 Years. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. date. MO 5Y Avg. As for stocks whose price is uncorrelated with MO's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: PFE, INS, PAAS, AC and GSHD. ET On Jan. 28, Altria reported results for Q4 2020 and provided guidance for FY2021. With a high dividend yield of 9%, we view Altria stock attractively for value and income investors. A+. +0.62 (+1.3%) DATA AS OF May 03, 2021. Given the broad market valuation, the stock looks attractive at current levels. Shareholders of adjusted earnings per share. Before looking at the business developments, there is another factor that makes MO stock attractive. Wall Street’s average target price indicates some upside for Altria stock despite its low valuation and high dividend yield. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions. Add to Watchlist. Most notable is a 10% stake in beer giant … What we have to do now is to discount the future cash flows to the present value and sum up those values. Furthermore, if cannabis is legalized throughout the U.S. in the coming years, the investment in Cronos has the potential to deliver value. Averaging the three numbers out gives us a final valuation of $50.16, which would indicate the stock is possibly 32% undervalued. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Similarly, in the heated tobacco segment, the FDA has authorized the sale of the IQOS 3 tobacco heating devices in the U.S. 4 Year Average Dividend Yield. 240.00%. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase. As a ballpark estimate, even if Altria reports OCF of $7.7 billion for the current year, free cash flow is likely to be $7.4 billion. 51 Years. Get a real-time Altria (MO) stock price quote with breaking news, financials, statistics, charts and more. In terms trailing twelve months of dividends issued, MO has returned $6,328,000,000 US dollars -- more than 96.66% of public US dividend stocks. Is Altria A Good Dividend Stock? With Altria Group stock trading at $49.95 per share, the total value of Altria Group stock (market capitalization) is $92.84B. Therefore, Altria’s stock valuation in 1Q 2021 was less than half the valuation reported in 2018 based on the same amount of free cash flow. 152.17%. information. To put things into perspective, Marlboro's Q4 2020 retail share was 43.3% and the leading cigarette brand continues to be a cash flow machine for Altria. MO's most recent quarterly dividend payment was made to shareholders of record on Friday, April 30. A big reason to be bullish on Altria is the fact that the company continues to deliver healthy numbers. Currently, Altria stock offers a lucrative dividend yield of 9.3%. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. $48.37. Altria Group pays an annual dividend of $3.44 per share and currently has a dividend yield of 6.79%. Altria’s current annualized dividend rate is $3.44 per share, representing a yield of seven percent. A+. *Grades are relative to the Consumer Staples sector. Date. 333.33%. Dividend Yield is Altria Group dividend as a percentage of Altria stock price. MO | Complete Altria Group Inc. stock news by MarketWatch. 2.43%. is now sold in 78,000 retail stores across the U.S. and has already captured a 2.4% market share in the oral tobacco segment. While there’s secular decline in its main market, that market remains a cash cow. The idea of investing in companies that make money from things like gambling, weapons, or alcohol is off-putting for some. Although the company has significant debt, robust free cash flows will allow the company to de-leverage while maintaining dividends at the same time. Forward Dividend & Yield: 3.44 (6.86%) Ex-Dividend Date: Mar 24, 2021: 1y Target Est: 53.45 Is Altria a good dividend stock? Stock Screener Information, Learn Altria Is Undervalued With A 7.77% Dividend Yield, Tech is Here to Stay: Morgan Stanley's Simonetti, #TradeTalks: The rise of the retail trader and how to leverage Nasdaq U.S. equities market data. MO Dividend History & Description — Altria Group Inc. Altria Group is a holding company. Source: Altria The actual earnings for the company have been $3.03 in 2016, $3.39 in 2017 and are expected to be between $3.95 and $4.03 in 2018. The 2037 dividend will be $1.79 in the above case to which I can attach an expected yield of 10%, as the dividends are declining, that would give me a 2037 stock price of $17.9. The company expects earnings per share for the current year of $4.56 (mid-range of guidance), with the stock’s most recent closing price at $44.29. Therefore, companies in distressed financial condition whose share prices are declining rapidly, will have a high dividend yield. This might just be the beginning of a rally after an extended period of consolidation. As a result, Altria stock appears to be undervalued, which could result in positive returns from an … Average dividend growth rate for stock Altria Group Inc. (MO) for past three years is 10.37% . In order for the stock price to hit the forecast high, the stock would need to surge +16.78% from its current level, while the stock would need to crash -22.15% from its current level to reach the projected low. 13 Years. A key growth strategy and the vision of the company is the gradual transformation to a non-combustible future. The stock has a beta of 0.62. Dividend History for Altria Group, Inc. (MO) Ticker. This price target is based on 12 analysts offering 12 month price targets for Altria Group in the last 3 months. Altria Group stock was originally listed at a price of $45.25 in Dec 31, 1997. Altria Group has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. Altria is almost the perfect dividend stock to hold forever. ET In total, Altria stock has total expected returns above 17% per year over the next five years. stock was originally listed at a price of $45.25 in Dec 31, 1997. Altria Group's target dividend payout ratio is approximately 80 percent of adjusted earnings per share. More. Altria Group (NYSE: MO), one of the oldest companies in America, also pays out one of the largest dividends.Shares of the tobacco maker yield 8.3% at Monday's prices… The stock has been gradually trending higher in FY2021 and at current valuations, it’s very likely that the upside momentum will persist. Based on this, Altria stock trades for a price-to-earnings ratio of 8.7. Analysts’ mean target price of … The dividend payout ratio of Altria Group is 81.52%. Price and yield are inversely correlated. Lastly, Altria stock has a high dividend yield of 9.3%. In terms of the stock’s price action, Altria has risen 4% over the past year and is up around 8% year-to-date. MO pays an 8.69% dividend yield so far, and the price is deeply discounted but regulatory risk is high. The annual dividend yield of the stock is 6.88 percent and its annual dividend per share was $3.44. 3 Years. Add MO to your watchlist to be reminded before . The latest closing stock price for Altria as of May 13, 2021 is 50.12.. Altria dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. But, we will get to dividend safety in a moment. In terms of the stock’s price action, Altria has risen 4% over the past year and is up around 8% year-to-date. The dividend is a modest $0.88 per share, or … Dividend Yield measures the ratio between a company's Dividends per Basic Common Share and its [Price]. On Jan. 28, Altria reported results for Q4 2020 and provided guidance for FY2021. Furthermore, Altria’s dividend yield does raise a red flag about dividend risk. The average price target is $51.10, with a high forecast of $58.00 and a low forecast of $43.00. The company has grown its dividend for the last 12 consecutive years and is increasing its dividend by an average of 10.21% each year. In recent years, Altria has diversified its holdings into vaping to alcohol products. The company expects earnings per share for the current year of $4.56 (mid-range of guidance), with the stock’s most recent closing price at $44.29. This year, the company plans to expand the distribution of IQOS and HeatSticks into new markets and geographies. The average price target represents a 0.83% upside from the last price of $50.68. Altria Group (MO) Declares $0.86 Quarterly Dividend; 7.8% Yield Altria Group (MO) Declares $0.86 Quarterly Dividend; 8% Yield Altria Group (MO) Raises Quarterly Dividend 2.4% to $0.86; 8.2% Yield Historical dividend payout and yield for Altria (MO) since 1972. Altria is planning the development of a portfolio of FDA authorized non-combustible products. Altria Group's target dividend payout ratio is % Diff. It is important to analyze and understand the reasons for dividend payments and to be skeptical about an unusually high dividend yield. Average dividend growth rate for stock Altria Group Inc. (MO) for past three years is 10.37% . One of my favorite dividend stocks is Altria (NYSE: MO) because it pays a 6.2% dividend and has a 50-year history of paying dividends. MotleyFool . These are key reasons why MO stock valuations have remained depressed. Nasdaq 100. Type a symbol or company name. Altria has a GF Value of $53.84, which would give the stock a price-to-GF Value ratio of 0.77. In recent years, Altria has diversified its holdings into vaping to alcohol products. Charting, Tear Sheets, Press, Price Performance & more. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. In terms trailing twelve months of dividends issued, MO has returned $6,328,000,000 US dollars -- more than 96.66% of public US dividend stocks. This is a very attractive expected rate of return, which makes Altria stock a buy for value and income investors. This gives us an 8.4% Altria dividend yield at the recent Altria stock price. X However, a leverage ratio of 2.6 is not a concern as debt servicing remains smooth with healthy annual EBITDA. The current dividend yield for Altria as of May 10, 2021 is 6.89% . MO Dividend Yield. British American Tobacco is another fine choice at today’s prices. Data is currently not available. While the outlook for the market remains bullish, a near-term correction seems imminent and exposure to low beta stocks could help with capital preservation. to 5Y Avg. Altria enjoys numerous competitive advantages, and the company is performing quite well in 2020, even in a challenging environment. Altria Group's target dividend payout ratio is approximately 80 percent of adjusted earnings per share. Altria recently increased its dividend by 2.4%, representing its 55th dividend increase in the past 51 years. So far, Altria Group stock has corrected about 28% this year. BitTorrent Has the Potential to Explode in 2021, Top Cryptocurrencies To Buy In 2021? The company has a long-term objective of a dividend payout ratio of approximately 80% of its adjusted diluted EPS. As markets continue to trade near all-time highs, it is relatively challenging to find attractively valued or undervalued stocks. That means the company's payout ratio, which compares the dividend to net income, is actually overstated. Altria Dividend Payout.