The company's 2.3% yield is comfortably above the S&P 500 average, and Lowe's has also been boosting its payout at a rate that puts most other Dividend Aristocrats and Dividend Kings to shame. Altria is the top yielding stocks but more important than a high dividend is dividend growth. Bard dramatically increased the company's outstanding debt load. Performance 3. Stock Advisor launched in February of 2002. All Dividend Aristocrats are incluced :-). These blue-chip stocks that pay dividends have increased their payout for at least 10 years in a row and counting. Companies with long, consistent records of paying dividends are often a safe bet (though certainly not a sure thing). It’s good to see that there are still enough low debt-loaden Dividend Aristocrats. As a result, Altria was kicked out of what I used to believe was the elite dividend aristocrat index. In fact, Altria (MO) has been the best performing stock of the last 50 years, generating 20.6% annual returns and increasing shareholder wealth a remarkable 6,638 fold. More recently, it acquired the rights to the tobacco-free nicotine pouch brand on!, which is currently one of the fastest-growing segments of the smokeless tobacco market. Potential key dividend dates are declared and approved at the discretion of the Board of Directors. How To Use The Dividend Aristocrats List To Find Dividend Investment Ideas 2. And there's good reason to think there are more increases in store in the future. Altria, which offers a lucrative dividend yield of 6.9%, is a dividend aristocrat, meaning it has consistently raised dividends for 25 years. ×. Thank you for the great article. ABI has withdrawn its steerage for the 12 months, and reduce its dividend in … However, even investors who bought Lowe's stock in the lead-up to the 2008 financial crash and held onto their shares managed total returns that significantly outstripped those of the S&P 500 index. The primary is Altria’s vital stake in ABI, extra regularly referred to as Anheuser-Busch InBev . The stock will likely be pressured during downturns for the housing market and broader economy, as fewer houses being built and weaker macro economic conditions can be expected to translate to weaker demand for the home-improvement space. Market data powered by FactSet and Web Financial Group. Altria Group's target dividend payout ratio is Dividend Summary for Altria Group, Inc. Security: MO (Common Stock). Altria's dividend currently yields 7.2%, and with the company's finger on the pulse of tomorrow's tobacco market, that's a juicy payout indeed. Altria Group (MO) will raise its dividend to $0.70 per share quarterly, marking the 49th consecutive year of dividend increases. MO's next quarterly dividend payment will be made to shareholders of record on Monday, January 11. Altria’s current quarterly dividend is $0.84. Find the latest dividend history for Altria Group, Inc. (MO) at Nasdaq.com. However, it also has characteristics and big reward potential that make it a worthwhile portfolio addition for buy-to-hold investors with slightly above-average risk tolerance. AT&T, Altria Group, and ExxonMobil have all seen their share ... maintaining its status as a Dividend Aristocrat. declaration Altria has raised its dividend for 51 consecutive years, placing it on the very exclusive list of Dividend Kings. Altria Group has increased its dividend every year for the past 49 years. First off, BD's current yield of 1.22% is well below average for a large-cap healthcare stock. They chose Becton, Dickinson (NYSE:BDX), Lowe's (NYSE:LOW), and Altria (NYSE:MO) as income investors can count on for the rest of their lives. It’s the king of the dividend aristocrats. The hardware store chain has increased its annual payout by 139% over the last five years and more than 500% over the last decade. This easily makes it an elite dividend aristocrat (after adjusting for a spinoff of Kraft Foods in 2007). So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Last year, I found out that Cardinal Health (CAH) has only been able to grow dividends for 23 years in a row. approximately 80 percent Chasing yield without looking at the business could be a prescription for disaster as high-yielding income stocks could signal danger. Many databases show reductions in dividend payments in 2007 and 2008, which is due to the spin-offs of Kraft Foods and Philip Morris International (PM). Rich has been a Fool since 1998 and writing for the site since 2004. Have a story idea? The company is now a Dividend King having raised the dividend for 50 consecutive years. A Dividend Aristocrat has increased its dividend annually for at least 25 years in a row. Altria: Grab This 8.4% Yield Dividend Aristocrat Right Now. MO Dividend History & Description — Altria Group Inc. Altria Group is a holding company. Overall, Altria's third-quarter revenues net of excise taxes rose about 5% and its adjusted EPS was flat. Finally, today’s list of stocks for January dividends also includes a Dividend Achiever. The company has raised its dividends 54 times in the past 50 years. The following schedule shows the potential key dates for the 2020 dividends. Despite more than 50 years of declining smoking rates in America, Altria has delivered as a reliable dividend growth investment. Annual Report, Proxy Statement & Annual Meeting, Do Not Sell My Personal The main interest for most investors is Altria’s dividend. Underscoring this point, BD's management recently reaffirmed its annual guidance calling for 5% to 6% top-line growth for the 2019 fiscal year, on a comparable, currency-neutral basis. Rida Morwa. Bard. But the best part is that this positive momentum should carry over into the 2020 fiscal year and beyond due to a number of favorable, industrywide tailwinds. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Dividend investors, in turn, may want to give this medtech titan another look. Altria’s Dividend. Dividend Aristocrat Altria will increase its quarterly dividend by 6.1 percent, following last year's 8 percent dividend hike. Please note that dividend amounts have been readjusted to reflect prior stock splits. Historical Dividend Aristocrats List (1989 – 2015) 6. It also has a marketing agreement in place with Philip Morris International (NYSE:PM) for its IQOS heated tobacco device that Altria will sell under the Marlboro brand. Sector Overview 4. Dividend Aristocrats Analysis (The Dividend Aristocrats In Focus Series) 5. So, we asked three Motley Fool contributors to choose a Dividend Aristocrat, a stock that has paid investors for 25 years or more. MO dividend yield, history, payout ratio, dividend safety rating, cash flow, estimated dividend growth & much more! Altria is a legendary dividend stock, because of its impressive history of steady increases. All told, BD is well positioned to capitalize on the high-value medical device market, thanks to its game-changing merger with C.R. information. Management's ability to adapt to the tobacco industry's various challenges, along with Altria's portfolio of premium cigarette brands, have allowed the company to raise prices fast enough to offset volume declines and keep its earnings (and dividend) growing. I may not be able to respond to every suggestion, but I do read them all! Granted, big-box home-improvement rival Home Depot has dramatically outperformed Lowe's over the last decade plus, but the latter company still looks like a worthwhile investment in its own right and could put up market-crushing returns if its turnaround initiatives are successful and its fast-growing dividend payments are reinvested for compounding. The combined entity, in fact, currently sports a rather unsightly debt-to-equity ratio of 93.9. Information, Learn Tobacco company Altria Group, Inc. (MO) will increase its quarterly dividend by 2.4 percent to 86 cents per share in 2020. Dividend Aristocrat Altria Group(MO) will raise its dividend again this year. Ironically, Dave Fish had Altria listed as a Dividend Champion. date. Historically, the small investors could count on Altria raising the dividend annually combined with some appreciation in stock price. Although cigarette smoking is on the decline, Altria is investing heavily in next-generation products that could indeed make the future one that's smoke-free. All three of these stocks should graduate to Dividend King status with the next increase of their dividend. Reach Rich here. You find them on my blog. But with thousands of dividend-paying stocks, how does an investor choose the best stock? Dividend Aristocrats are companies in the S&P 500 that have increased their dividends every year for twenty-five years straight. More. Editor's note: … Cumulative Growth of a $10,000 Investment in Stock Advisor, 3 Dividend Aristocrats to Buy and Hold Forever @themotleyfool #stocks $LOW $MO $BDX $PM $^GSPC $HD, Rich Duprey, Keith Noonan, and George Budwell, leading electronic cigarette manufacturer, 3 Dividend Aristocrats to Buy and Hold Forever, Lowe's Stock Could Blast 40% Higher, According to Analyst, Copyright, Trademark and Patent Information. ... Dividends Aristocrats is published as an information service. Recent annual reports, proxy materials and Annual Meeting of The latest dividend increase (a 14.3% increase) and a 5.2% dividend yield only fortify my argument. The new annual dividend rate yields an estimated 8.1 percent at the current stock price. Note that Altria is not included as a Dividend Aristocrat. Consider the criteria for a second – the companies on the list have all increased their dividends each year for at least twenty-five years. Investors understand that buying dividend-paying stocks is a smart play because the payouts can juice the returns achieved through capital appreciation. Along the way, Altria has raised its dividend for 48 consecutive years, making it not only a dividend aristocrat, but poised to become a dividend king in 2019. And with shares down 50% from an all-time high, the dividend yield has soared. The quarterly dividend is payable on April 10, 2018, to shareholders of record as of March 15, 2018. On October 30th, Altria reported financial results for the 2020 third quarter. Despite these unappealing financial metrics, though, BD actually has a lot to offer risk-averse income investors. Altria has moved up from Dividend Aristocrat to King, but new legislation could threaten the tobacco company and others. Altria Group's target dividend payout ratio is approximately 80 percent of adjusted earnings per share. The present annualized dividend rate is $3.44 per common share. of adjusted earnings per share. Rich Duprey (Altria): Tobacco giant Altria, which isn't on the official Dividend Aristocrat list because of how spinoffs have affected its dividend payments, is, however, the newest addition to the rarefied list of Dividend Kings, stocks that have raised their payout for 50 years or more. A highly leveraged balance sheet and a below-average dividend yield are features that rarely attract conservative investors. However, management reiterated that the dividend “is a top priority.” It also stated that it is targeting an 80% payout ratio. The company has raised its payout annually for 56 years straight -- easily clearing the 50-year payout growth bar needed to reach the ranks of Dividend King stocks. The dividend may be very neatly lined, for the reason that in 2019 the dividend was once $0.80 1 / 4 and in Q1 2020 it’s been larger to $0.84. Think an article needs a correction? However, he didn’t have Abbott nor Abbvie listed as a dividend champion (they are listed as Dividend Aristocrats however). Like many companies facing uncertainties due to the coronavirus pandemic, Altria withdrew its 2020 profit forecasts. It invested $12.8 billion for a one-third stake in Juul Labs, the leading electronic cigarette manufacturer in the U.S. with a market share north of 75%. George Budwell (Becton, Dickinson and Company): The top medtech company Becton, Dickinson (BD) has hiked its dividend for an eye-catching 47 consecutive years at this point in its life cycle. By CHRIS VERSACE Dec 19, 2019 | 02:43 PM EST The long and short of it is that this megamerger has ushered in a new period of growth for the company. Final ThoughtsYou can also watch the following video for more information on the Dividend Aristocrats and see a table of the Dividend Aristocrats below. The ex-dividend date is March 14, 2018. For those yield-hungry investors, the list below includes the dozen highest-yielding dividend aristocrats, with yields ranging from 3.01% to 5.36%. Even so, this Dividend Aristocrat is often passed over by income investors for two clear-cut reasons. The quarterly payment will be raised by $0.02 to 86 cents quarterly per share. Altria Group pays an annual dividend of $3.44 per share, with a dividend yield of 8.39%. The present annualized dividend rate is $3.44 per common share. But since Altria is still on the Dividend Champion list maintained at dripinvesting.org we will include it for now. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Altria's dividend currently yields 7.2%, and with the company's finger on the pulse of tomorrow's tobacco market, that's a juicy payout indeed. Altria raised its dividend 5% to $0.84 per share, the 54th time in the last 50 years that the cigarette maker hiked the payout. The stock has a higher-risk profile than some people will be willing to embrace for an ultra-long-term scenario. Altria is a dividend aristocrat. Newest Dividend Champions in 2019 The company has increased its dividend over the last 49 years. 1. Lowe's probably won't be a great fit for every investor. Only 26 other companies are on the list with Altria, making it a unique achievement indeed. Calculate the value of dividend returns based on the last dividend Keith Noonan (Lowe's): If you're looking for Dividend Aristocrat stocks, Lowe's can do you one better. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 11.75% each year. Altria has a long history of rewarding shareholders. Like snus, which is a finely cut tobacco powder that's placed between the cheek and gum, tobacco-free nicotine pouches have the potential to be big sellers as the Food and Drug Administration cracks down on both cigarettes and e-cigs. The list itself is maintained by the S&P and updated every year. Altria has been one of the best-performing stocks of the last 50 years, largely because of its prowess as a dividend stock. Interested in owning shares of Altria common stock? You could argue that Atria Group is more than dividend aristocrat. Altria Group is a bona fide dividend aristocrat. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. 15, 2020 8:35 AM ET Altria Group, Inc. (MO) BTI, BUD, IMBBY... 202 Comments 58 Likes. Editor's note: This article has been updated to note that Altria is not a Dividend Aristocrat, though it is a Dividend King. This comes after a 5.0 percent dividend hike to $0.84 per common share in 2019 and marks the 51st consecutive year of annual dividend increases by the Dividend Aristocrat. Jul. Secondly, BD's 2017 merger with fellow medtech giant C.R. For the full year, management now expects adjusted EPS to grow 2% to 4% and result in a payout ratio of 80%, in line with the company's target. That's a healthy level of revenue growth for a large-cap healthcare company to be sure. ... Altria Group, operates as a holding company, which engages in the manufacture and sale of cigarettes in the United States. The company always seeks to payout more than 80% of its earnings as dividends. Shareholders Contact Rich here. Returns as of 01/06/2021. Two pieces are most probably the principle components out there preserving the cost of MO low. Rating, cash flow, estimated dividend growth investment s dividend positioned to capitalize on the list with,... 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