MO Dividend History & Yield Analysis

MO has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
6.63%
Forward yield
6.63%
Dividend per share (TTM)
$4.24
Annualized rate
$4.24
Payout frequency
Quarterly
Last payment
$1.06
5-year dividend CAGR
4.12%
Consecutive growth years
16

Yields calculated against a market price of $63.96.

Annual Dividend History

  • 2026$2.12
  • 2025$4.16
  • 2024$4.00
  • 2023$3.84
  • 2022$3.68
  • 2021$3.52
  • 2020$3.40
  • 2019$3.28
  • 2018$3.00
  • 2017$2.54
  • 2016$2.35
  • 2015$2.17
  • 2014$2.00
  • 2013$1.84
  • 2012$1.70
  • 2011$1.58
  • 2010$1.46
  • 2009$1.32
  • 2008$52.74
  • 2007$24.96
  • 2006$3.32
  • 2005$3.06
  • 2004$2.82
  • 2003$2.64
  • 2002$2.44

MO Payout History & Ex-Dividend Dates

MO dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-06-012026-06-15$1.06
2026-03-012026-03-25$1.06
2025-12-012025-12-26$1.06
2025-09-012025-09-15$1.06
2025-06-012025-06-16$1.02
2025-03-012025-03-25$1.02
2024-12-012024-12-26$1.02
2024-09-012024-09-16$1.02
2024-06-012024-06-14$0.9800
2024-03-012024-03-22$0.9800
2023-12-012023-12-20$0.9800
2023-09-012023-09-14$0.9800
2023-06-012023-06-14$0.9400
2023-03-012023-03-23$0.9400
2022-12-012022-12-21$0.9400
2022-09-012022-09-14$0.9400
2022-06-012022-06-14$0.9000
2022-03-012022-03-24$0.9000
2021-12-012021-12-22$0.9000
2021-09-012021-09-14$0.9000
2021-06-012021-06-14$0.8600
2021-03-012021-03-24$0.8600
2020-12-012020-12-24$0.8600
2020-09-012020-09-14$0.8600
2020-06-012020-06-12$0.8400
2020-03-012020-03-24$0.8400
2019-12-012019-12-24$0.8400
2019-09-012019-09-13$0.8400
2019-06-012019-06-13$0.8000
2019-03-012019-03-22$0.8000
2018-12-012018-12-24$0.8000
2018-09-012018-09-13$0.8000
2018-06-012018-06-14$0.7000
2018-03-012018-03-14$0.7000
2017-12-012017-12-20$0.6600
2017-09-012017-09-14$0.6600
2017-06-012017-06-13$0.6100
2017-03-012017-03-13$0.6100
2016-12-012016-12-20$0.6100
2016-09-012016-09-13$0.6100
2016-06-012016-06-13$0.5650
2016-03-012016-03-11$0.5650
2015-12-012015-12-22$0.5650
2015-09-012015-09-11$0.5650
2015-06-012015-06-11$0.5200
2015-03-012015-03-12$0.5200
2014-12-012014-12-22$0.5200
2014-09-012014-09-11$0.5200
2014-06-012014-06-12$0.4800
2014-03-012014-03-12$0.4800
2013-12-012013-12-23$0.4800
2013-09-012013-09-12$0.4800
2013-06-012013-06-12$0.4400
2013-03-012013-03-13$0.4400
2012-12-012012-12-21$0.4400
2012-09-012012-09-12$0.4400
2012-06-012012-06-13$0.4100
2012-03-012012-03-13$0.4100
2011-12-012011-12-22$0.4100
2011-09-012011-09-13$0.4100

Does MO pay dividends?

Yes. MO pays on a quarterly schedule, most recently $1.06 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the MO yield is calculated

The trailing yield divides the last twelve months of dividends per share ($4.24) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the MO DCF fair value page for the cash flow behind it.