What is the current annual payout ratio of MO?

As of today, MO annual payout ratio is 100.48%

What is 1-year change in MO annual payout ratio?

MO annual payout ratio is up +64.94% year-over-year

What is 3-year change in MO annual payout ratio?

MO annual payout ratio is down -12.44% over the past 3 years

How far is MO annual payout ratio from its all-time high?

MO annual payout ratio is currently -61.59% below its historical high of 261.61% set on December 31, 2021

How does MO annual payout ratio rank versus sector peers?

MO annual payout ratio is higher than 93.31% of companies in Consumer Defensive sector

When is MO next annual earnings release?

As of today, the next annual earnings release for MO has not been scheduled

What is the current TTM payout ratio of MO?

As of today, MO TTM payout ratio is 89.29%

What is MO TTM payout ratio most recent change?

MO TTM payout ratio remained unchanged on August 10, 2026

What is 1-year change in MO TTM payout ratio?

MO TTM payout ratio is up +13.24% year-over-year

How far is MO TTM payout ratio from its all-time high?

MO TTM payout ratio is currently -89.89% below its historical high of 883.58% set on December 24, 2020

How does MO TTM payout ratio rank versus sector peers?

MO TTM payout ratio is higher than 93.51% of companies in Consumer Defensive sector

When is MO next earnings release?

The next earnings release for MO is on October 29, 2026

What is the current quarterly payout ratio of MO?

As of today, MO quarterly payout ratio is 77.49%

What is MO quarterly payout ratio most recent change?

MO quarterly payout ratio was down -5.19% on June 30, 2026

What is 1-year change in MO quarterly payout ratio?

MO quarterly payout ratio is up +6.57% year-over-year

How far is MO quarterly payout ratio from its all-time high?

MO quarterly payout ratio is currently -89.49% below its historical high of 737.10% set on September 30, 2022

How does MO quarterly payout ratio rank versus sector peers?

MO quarterly payout ratio is higher than 90.00% of companies in Consumer Defensive sector

When is MO next earnings release?

The next earnings release for MO is on October 29, 2026

MO Payout Ratio History & Chart Since 1980

Annual Payout Ratio

100.48%39.56%+64.94%

December 31, 2025

Summary

Current Value: As of today, MO annual payout ratio is 100.48%, up +64.94% on December 31, 2025
Historical Performance: MO annual payout ratio is down -12.44% over the past 3 years, down -28.98% over the past 5 years
All-Time High Comparison: MO annual payout ratio is currently -61.59% below its historical high of 261.61% set on December 31, 2021
3-Year Low Comparison: MO annual payout ratio is +64.94% above its 3-year low of 60.92% reached on December 31, 2024
Sector Comparison: MO annual payout ratio is higher than 93.31% of companies in Consumer Defensive sector

Payout Ratio Chart

Performance

MO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Dec 31, 25	100.48%	+64.9%	-12.4%	-29.0%	+32.2%
Quarterly Payout Ratio	Jun 30, 26	77.49%	+6.6%	-2.6%	+4.3%	-56.8%
TTM Payout Ratio	Aug 10, 26	89.29%	+13.2%	-9.6%	-36.5%	-3.7%
Price	Aug 10, 26	$65.54	-0.2%	+49.9%	+36.1%	+162.6%
Annual Dividend Yield	Aug 10, 26	6.35%	+4.3%	-24.6%	-10.1%	+8.6%
Annual Dividends Paid	Dec 31, 25	$6.96B	+1.7%	+5.5%	+10.7%	+135.3%
Annual Dividend	Dec 31, 25	$4.16	+4.0%	+13.0%	+22.4%	+184.9%
Annual Free Cash Flow	Dec 31, 25	$9.07B	+5.4%	+12.7%	+11.3%	+249.1%
Annual Revenue	Dec 31, 25	$20.12B	-1.6%	-2.8%	-3.5%	+19.1%
Annual EPS	Dec 31, 25	$4.12	-37.1%	+29.1%	+71.6%	+120.1%

Payout Ratio Highs

MO Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	114.75%	N/A	-12.4%
5Y	261.61%	Dec 31, 21	-61.6%
All	261.61%	Dec 31, 21	-61.6%

Payout Ratio Lows

MO Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	60.92%	Dec 31, 24	+64.9%
5Y	60.92%	Dec 31, 24	+64.9%
All	-465.06%	Dec 31, 19	+121.6%

Payout Ratio History

Year	Value	Change
2025	100.48%	+64.9%
2024	60.92%	-27.1%
2023	83.56%	-27.2%
2022	114.75%	-56.1%
2021	261.61%	+84.9%
2020	141.48%	+130.4%
2019	-465.06%	-697.7%
2018	77.81%	+65.3%
2017	47.07%	+48.3%
2016	31.73%	-60.3%
2015	79.86%	+3.8%
2014	76.95%	-3.6%
2013	79.86%	-2.0%
2012	81.53%	-14.5%
2011	95.33%	+25.4%
2010	76.00%	-9.8%
2009	84.24%	-41.2%
2008	143.30%	+97.4%
2007	72.61%	+28.1%
2006	56.69%	-2.3%
2005	58.03%	-3.2%
2004	59.93%	+7.9%
2003	55.56%	+28.0%

Year	Value	Change
2002	43.41%	-19.2%
2001	53.72%	+1.6%
2000	52.88%	-6.4%
1999	56.52%	-23.8%
1998	74.16%	+20.4%
1997	61.57%	+12.1%
1996	54.93%	+2.4%
1995	53.65%	+1.9%
1994	52.63%	-18.0%
1993	64.21%	+56.4%
1992	41.06%	-3.9%
1991	42.73%	+12.0%
1990	38.16%	+2.1%
1989	37.37%	-13.8%
1988	43.36%	+6.6%
1987	40.66%	+1.9%
1986	39.92%	+4.6%
1985	38.17%	-18.5%
1984	46.84%	+15.7%
1983	40.49%	+5.0%
1982	38.56%	+4.3%
1981	36.97%	+6.9%
1980	34.59%	-

FAQ

What is the current annual payout ratio of MO?: As of today, MO annual payout ratio is 100.48%
What is 1-year change in MO annual payout ratio?: MO annual payout ratio is up +64.94% year-over-year
What is 3-year change in MO annual payout ratio?: MO annual payout ratio is down -12.44% over the past 3 years
How far is MO annual payout ratio from its all-time high?: MO annual payout ratio is currently -61.59% below its historical high of 261.61% set on December 31, 2021
How does MO annual payout ratio rank versus sector peers?: MO annual payout ratio is higher than 93.31% of companies in Consumer Defensive sector
When is MO next annual earnings release?: As of today, the next annual earnings release for MO has not been scheduled

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

TTM Payout Ratio

89.29%0.00%0.00%

August 10, 2026

Summary

Current Value: As of today, MO TTM payout ratio is 89.29%, unchanged on August 10, 2026
Historical Performance: MO TTM payout ratio is up +13.24% year-over-year, down -9.57% over the past 3 years
All-Time High Comparison: MO TTM payout ratio is currently -89.89% below its historical high of 883.58% set on December 24, 2020
3-Year Low Comparison: MO TTM payout ratio is +46.19% above its 3-year low of 61.08% reached on December 31, 2024
Sector Comparison: MO TTM payout ratio is higher than 93.51% of companies in Consumer Defensive sector

Performance

MO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Aug 10, 26	89.29%	+1.7%	+13.2%	-9.6%	-36.5%
Quarterly Payout Ratio	Jun 30, 26	77.49%	-5.2%	+6.6%	-2.6%	+4.3%
Annual Payout Ratio	Dec 31, 25	100.48%	–	+64.9%	-12.4%	-29.0%
Price	Aug 10, 26	$65.54	-4.5%	-0.2%	+49.9%	+36.1%
TTM Dividend Yield	Aug 10, 26	6.47%	+5.7%	+4.2%	-24.8%	-9.4%
TTM Dividends Paid	Jun 30, 26	$7.06B	+0.7%	+2.7%	+5.6%	+11.0%
TTM Dividend	Aug 10, 26	$4.24	+0.9%	+3.9%	+12.8%	+23.3%
TTM Free Cash Flow	Jun 30, 26	$9.11B	+5.7%	+4.4%	+6.2%	+53.4%
TTM Revenue	Jun 30, 26	$20.46B	+0.3%	+1.0%	-1.1%	-3.6%
TTM EPS	Jun 30, 26	$4.75	-0.7%	-8.2%	+24.7%	+94.1%

TTM Payout Ratio Highs

MO TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	102.02%	Mar 25, 26	-12.5%
3Y	102.02%	Mar 25, 26	-12.5%
5Y	374.18%	Sep 14, 22	-76.1%
All	883.58%	Dec 24, 20	-89.9%

TTM Payout Ratio Lows

MO TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	78.60%	Sep 30, 25	+13.6%
3Y	61.08%	Dec 31, 24	+46.2%
5Y	61.08%	Dec 31, 24	+46.2%
All	-717.49%	Jun 12, 20	+112.4%

TTM Payout Ratio History

Month	Value	Change
Aug 2026	89.29%	0.0%
Jun 2026	89.29%	+1.7%
Mar 2026	87.79%	-13.1%
Dec 2025	101.05%	+28.6%
Sep 2025	78.60%	-0.3%
Jun 2025	78.85%	+16.6%
Mar 2025	67.62%	+10.7%
Dec 2024	61.08%	-8.7%
Sep 2024	66.87%	-1.1%
Jun 2024	67.61%	-16.8%
Mar 2024	81.26%	-3.4%
Dec 2023	84.11%	+8.5%
Sep 2023	77.49%	-21.5%
Jun 2023	98.74%	-17.4%
Mar 2023	119.47%	+3.6%
Dec 2022	115.35%	-18.4%
Sep 2022	141.39%	-61.8%
Jun 2022	370.07%	+70.7%
Mar 2022	216.81%	-18.0%
Dec 2021	264.30%	+12.5%
Sep 2021	234.99%	+67.1%
Jun 2021	140.59%	-4.2%
Mar 2021	146.79%	+3.6%
Dec 2020	141.74%	-83.9%
Sep 2020	878.38%	+229.3%
Jun 2020	-679.20%	+4.2%
Mar 2020	-708.95%	-51.8%
Dec 2019	-466.90%	-235.1%
Sep 2019	345.56%	+262.8%
Jun 2019	95.24%	+0.8%
Mar 2019	94.51%	+15.9%
Dec 2018	81.52%	+60.2%
Sep 2018	50.89%	+4.0%
Jun 2018	48.92%	+4.2%
Mar 2018	46.96%	-1.6%
Dec 2017	47.74%	+53.2%
Sep 2017	31.16%	-3.2%
Jun 2017	32.19%	-0.7%
Mar 2017	32.41%	+0.5%
Dec 2016	32.24%	-62.8%
Sep 2016	86.65%	+10.4%
Jun 2016	78.47%	-1.5%
Mar 2016	79.68%	-1.6%
Dec 2015	80.97%	+1.7%
Sep 2015	79.59%	-0.5%
Jun 2015	80.00%	-2.0%
Mar 2015	81.60%	+4.9%
Dec 2014	77.82%	-13.4%
Sep 2014	89.91%	+1.6%
Jun 2014	88.48%	+1.7%
Mar 2014	87.04%	+6.9%
Dec 2013	81.42%	+16.2%
Sep 2013	70.04%	-12.9%
Jun 2013	80.37%	+0.3%
Mar 2013	80.09%	-8.1%
Dec 2012	87.18%	-5.5%
Sep 2012	92.27%	+15.9%
Jun 2012	79.61%	-17.4%
Mar 2012	96.41%	+0.1%
Dec 2011	96.34%	+3.8%
Sep 2011	92.81%	+0.1%
Jun 2011	92.68%	+20.1%
Mar 2011	77.20%	-1.1%
Dec 2010	78.07%	-2.1%
Sep 2010	79.78%	-4.0%
Jun 2010	83.13%	+1.6%
Mar 2010	81.82%	-4.5%
Dec 2009	85.71%	+0.2%
Sep 2009	85.53%	+1.6%
Jun 2009	84.21%	-0.3%
Mar 2009	84.46%	+71.6%
Dec 2008	49.21%	+40.4%
Sep 2008	35.05%	+38.2%
Jun 2008	25.36%	+25.3%
Mar 2008	20.24%	+2.8%
Dec 2007	19.68%	+7.7%
Sep 2007	18.27%	+2.1%
Jun 2007	17.89%	+4.1%
Mar 2007	17.18%	+8.5%

Month	Value	Change
Dec 2006	15.84%	-3.6%
Sep 2006	16.44%	+2.2%
Jun 2006	16.08%	+2.0%
Mar 2006	15.76%	-5.3%
Dec 2005	16.64%	-0.7%
Sep 2005	16.76%	+0.2%
Jun 2005	16.72%	+1.6%
Mar 2005	16.46%	-2.3%
Dec 2004	16.85%	+3.6%
Sep 2004	16.27%	+0.6%
Jun 2004	16.18%	-0.1%
Mar 2004	16.19%	+1.7%
Dec 2003	15.92%	-2.3%
Sep 2003	16.29%	+21.2%
Jun 2003	13.44%	+2.6%
Mar 2003	13.10%	+2.9%
Dec 2002	12.73%	+5.2%
Sep 2002	12.10%	-16.6%
Jun 2002	14.50%	-2.0%
Mar 2002	14.80%	-4.8%
Dec 2001	15.55%	-0.1%
Sep 2001	15.56%	+1.6%
Jun 2001	15.32%	+0.2%
Mar 2001	15.29%	+4.4%
Dec 2000	14.65%	-0.4%
Sep 2000	14.71%	-2.8%
Jun 2000	15.13%	-1.1%
Mar 2000	15.30%	-2.1%
Dec 1999	15.63%	-19.5%
Sep 1999	19.42%	+1.1%
Jun 1999	19.21%	-3.0%
Mar 1999	19.81%	-4.6%
Dec 1998	20.76%	+22.0%
Sep 1998	17.02%	-6.5%
Jun 1998	18.21%	+2.1%
Mar 1998	17.84%	+6.6%
Dec 1997	16.74%	+2.9%
Sep 1997	16.27%	+3.4%
Jun 1997	15.74%	+0.4%
Mar 1997	15.67%	+0.6%
Dec 1996	15.57%	+0.9%
Sep 1996	15.43%	+0.8%
Jun 1996	15.31%	+0.1%
Mar 1996	15.29%	+0.3%
Dec 1995	15.24%	+0.8%
Sep 1995	15.12%	+0.4%
Jun 1995	15.06%	-0.1%
Mar 1995	15.07%	-0.3%
Dec 1994	15.12%	-22.1%
Sep 1994	19.40%	-1.7%
Jun 1994	19.74%	-4.5%
Mar 1994	20.68%	+2.7%
Dec 1993	20.14%	+41.9%
Sep 1993	14.19%	+6.6%
Jun 1993	13.31%	+10.4%
Mar 1993	12.06%	+1.9%
Dec 1992	11.83%	-5.6%
Sep 1992	12.53%	+1.4%
Jun 1992	12.36%	-0.7%
Mar 1992	12.45%	+0.6%
Dec 1991	12.37%	+10.4%
Sep 1991	11.20%	+0.5%
Jun 1991	11.14%	0.0%
Mar 1991	11.14%	+0.7%
Dec 1990	11.06%	+5.1%
Sep 1990	10.52%	+0.3%
Jun 1990	10.49%	-1.3%
Mar 1990	10.63%	-38.6%
Dec 1989	17.30%	>+9,900.0%
Dec 1988	0.00%	0.0%
Dec 1987	0.00%	0.0%
Dec 1986	0.00%	0.0%
Dec 1985	0.00%	0.0%
Dec 1984	0.00%	0.0%
Dec 1983	0.00%	0.0%
Dec 1982	0.00%	0.0%
Dec 1981	0.00%	0.0%
Dec 1980	0.00%	-

FAQ

What is the current TTM payout ratio of MO?: As of today, MO TTM payout ratio is 89.29%
What is MO TTM payout ratio most recent change?: MO TTM payout ratio remained unchanged on August 10, 2026
What is 1-year change in MO TTM payout ratio?: MO TTM payout ratio is up +13.24% year-over-year
How far is MO TTM payout ratio from its all-time high?: MO TTM payout ratio is currently -89.89% below its historical high of 883.58% set on December 24, 2020
How does MO TTM payout ratio rank versus sector peers?: MO TTM payout ratio is higher than 93.51% of companies in Consumer Defensive sector
When is MO next earnings release?: The next earnings release for MO is on October 29, 2026

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Quarterly Payout Ratio

77.49%4.24%-5.19%

June 30, 2026

Summary

Current Value: As of today, MO quarterly payout ratio is 77.49%, down -5.19% on June 30, 2026
Historical Performance: MO quarterly payout ratio is up +6.57% year-over-year, down -2.65% over the past 3 years
All-Time High Comparison: MO quarterly payout ratio is currently -89.49% below its historical high of 737.10% set on September 30, 2022
3-Year Low Comparison: MO quarterly payout ratio is +74.29% above its 3-year low of 44.46% reached on June 30, 2024
Sector Comparison: MO quarterly payout ratio is higher than 90.00% of companies in Consumer Defensive sector

Performance

MO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Jun 30, 26	77.49%	-5.2%	+6.6%	-2.6%	+4.3%
Annual Payout Ratio	Dec 31, 25	100.48%	–	+64.9%	-12.4%	-29.0%
TTM Payout Ratio	Aug 10, 26	89.29%	+1.7%	+13.2%	-9.6%	-36.5%
Price	Aug 10, 26	$65.54	-4.5%	-0.2%	+49.9%	+36.1%
TTM Dividend Yield	Aug 10, 26	6.47%	+5.7%	+4.2%	-24.8%	-9.4%
Quarterly Dividends Paid	Jun 30, 26	$1.78B	-0.2%	+3.0%	+5.6%	+11.3%
TTM Dividend	Aug 10, 26	$4.24	+0.9%	+3.9%	+12.8%	+23.3%
Quarterly Free Cash Flow	Jun 30, 26	$662.00M	-70.3%	+282.7%	+771.0%	+270.6%
Quarterly Revenue	Jun 30, 26	$5.36B	+12.6%	+1.3%	-1.5%	-4.6%
Quarterly EPS	Jun 30, 26	$1.37	+5.4%	-2.5%	+15.7%	+18.3%

Quarterly Payout Ratio Highs

MO Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	160.23%	Dec 31, 25	-51.6%
3Y	161.38%	Mar 31, 25	-52.0%
5Y	737.10%	Sep 30, 22	-89.5%
All	737.10%	Sep 30, 22	-89.5%

Quarterly Payout Ratio Lows

MO Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	72.65%	Sep 30, 25	+6.7%
3Y	44.46%	Jun 30, 24	+74.3%
5Y	-58.45%	Sep 30, 21	+232.6%
All	-376.16%	Dec 31, 93	+120.6%

Quarterly Payout Ratio History

Month	Value	Change
Jun 2026	77.49%	-5.2%
Mar 2026	81.73%	-49.0%
Dec 2025	160.23%	+120.6%
Sep 2025	72.65%	-0.1%
Jun 2025	72.71%	-54.9%
Mar 2025	161.38%	+181.6%
Dec 2024	57.31%	-22.4%
Sep 2024	73.81%	+66.0%
Jun 2024	44.46%	-45.5%
Mar 2024	81.59%	-3.6%
Dec 2023	84.62%	+9.2%
Sep 2023	77.51%	-2.6%
Jun 2023	79.60%	-15.6%
Mar 2023	94.34%	+49.8%
Dec 2022	62.96%	-91.5%
Sep 2022	737.10%	+301.0%
Jun 2022	183.80%	+118.4%
Mar 2022	84.14%	-17.8%
Dec 2021	102.34%	+275.1%
Sep 2021	-58.45%	-178.7%
Jun 2021	74.29%	-34.2%
Mar 2021	112.91%	+35.5%
Dec 2020	83.33%	+151.0%
Sep 2020	-163.43%	-302.3%
Jun 2020	80.78%	-20.0%
Mar 2020	100.97%	+216.7%
Dec 2019	-86.51%	-50.4%
Sep 2019	-57.51%	-176.5%
Jun 2019	75.14%	-44.0%
Mar 2019	134.23%	+11.4%
Dec 2018	120.48%	+76.7%
Sep 2018	68.18%	-3.8%
Jun 2018	70.86%	+6.7%
Mar 2018	66.40%	+160.8%
Dec 2017	25.46%	-59.6%
Sep 2017	63.00%	+5.9%
Jun 2017	59.49%	-29.8%
Mar 2017	84.79%	+630.3%
Dec 2016	11.61%	-88.5%
Sep 2016	101.19%	+50.9%
Jun 2016	67.05%	-26.4%
Mar 2016	91.12%	+2.6%
Dec 2015	88.78%	+32.6%
Sep 2015	66.95%	-5.5%
Jun 2015	70.82%	-29.9%
Mar 2015	100.98%	+21.1%
Dec 2014	83.37%	+22.1%
Sep 2014	68.29%	-10.0%
Jun 2014	75.85%	-7.1%
Mar 2014	81.66%	-58.5%
Dec 2013	196.72%	+210.1%
Sep 2013	63.43%	-9.3%
Jun 2013	69.91%	+9.0%
Mar 2013	64.16%	-20.7%
Dec 2012	80.94%	-36.4%
Sep 2012	127.33%	+86.1%
Jun 2012	68.41%	-20.8%
Mar 2012	86.39%	-14.5%
Dec 2011	101.08%	+49.6%
Sep 2011	67.58%	-62.3%
Jun 2011	179.46%	+111.1%
Mar 2011	85.01%	-1.7%
Dec 2010	86.48%	+33.4%
Sep 2010	64.83%	-7.6%
Jun 2010	70.16%	-19.5%
Mar 2010	87.16%	-10.6%
Dec 2009	97.51%	+29.3%
Sep 2009	75.43%	+14.6%
Jun 2009	65.84%	-41.5%
Mar 2009	112.61%	+15.7%
Dec 2008	97.35%	+40.9%
Sep 2008	69.09%	-59.5%
Jun 2008	170.43%	-33.9%

Month	Value	Change
Mar 2008	257.82%	+256.4%
Dec 2007	72.35%	+31.1%
Sep 2007	55.18%	-32.5%
Jun 2007	81.76%	-3.7%
Mar 2007	84.94%	+39.4%
Dec 2006	60.93%	-19.4%
Sep 2006	75.56%	+22.5%
Jun 2006	61.67%	-3.9%
Mar 2006	64.19%	-11.7%
Dec 2005	72.70%	+38.4%
Sep 2005	52.51%	+1.3%
Jun 2005	51.85%	-10.9%
Mar 2005	58.17%	-21.0%
Dec 2004	73.62%	+35.2%
Sep 2004	54.45%	+2.9%
Jun 2004	52.89%	-14.8%
Mar 2004	62.05%	-2.3%
Dec 2003	63.48%	+25.6%
Sep 2003	50.53%	-0.9%
Jun 2003	50.98%	-9.6%
Mar 2003	56.42%	-19.3%
Dec 2002	69.89%	+152.9%
Sep 2002	27.64%	-38.2%
Jun 2002	44.70%	-10.4%
Mar 2002	49.88%	-10.0%
Dec 2001	55.43%	+16.4%
Sep 2001	47.64%	-5.0%
Jun 2001	50.15%	-23.5%
Mar 2001	65.57%	+11.4%
Dec 2000	58.88%	+25.6%
Sep 2000	46.87%	-7.8%
Jun 2000	50.85%	-9.2%
Mar 2000	56.00%	-9.0%
Dec 1999	61.55%	+16.4%
Sep 1999	52.87%	+0.6%
Jun 1999	52.56%	-12.2%
Mar 1999	59.88%	-84.7%
Dec 1998	390.88%	+697.1%
Sep 1998	49.04%	-12.4%
Jun 1998	55.99%	-20.2%
Mar 1998	70.19%	-6.2%
Dec 1997	74.83%	+8.5%
Sep 1997	68.99%	+30.6%
Jun 1997	52.83%	-4.0%
Mar 1997	55.05%	-17.3%
Dec 1996	66.55%	+33.3%
Sep 1996	49.94%	-2.3%
Jun 1996	51.14%	-3.8%
Mar 1996	53.16%	-19.3%
Dec 1995	65.88%	+35.8%
Sep 1995	48.50%	-2.3%
Jun 1995	49.65%	-4.2%
Mar 1995	51.80%	-20.7%
Dec 1994	65.29%	+34.1%
Sep 1994	48.70%	-0.8%
Jun 1994	49.11%	+0.9%
Mar 1994	48.68%	+112.9%
Dec 1993	-376.16%	-738.5%
Sep 1993	58.91%	+8.8%
Jun 1993	54.13%	+13.5%
Mar 1993	47.70%	-2.2%
Dec 1992	48.75%	+31.4%
Sep 1992	37.10%	+4.4%
Jun 1992	35.55%	-19.4%
Mar 1992	44.13%	-36.0%
Dec 1991	68.90%	+95.8%
Sep 1991	35.19%	+1.9%
Jun 1991	34.52%	-18.5%
Mar 1991	42.36%	-6.1%
Dec 1990	45.11%	+32.9%
Sep 1990	33.94%	+1.2%
Jun 1990	33.54%	-18.3%
Mar 1990	41.03%	-

FAQ

What is the current quarterly payout ratio of MO?: As of today, MO quarterly payout ratio is 77.49%
What is MO quarterly payout ratio most recent change?: MO quarterly payout ratio was down -5.19% on June 30, 2026
What is 1-year change in MO quarterly payout ratio?: MO quarterly payout ratio is up +6.57% year-over-year
How far is MO quarterly payout ratio from its all-time high?: MO quarterly payout ratio is currently -89.49% below its historical high of 737.10% set on September 30, 2022
How does MO quarterly payout ratio rank versus sector peers?: MO quarterly payout ratio is higher than 90.00% of companies in Consumer Defensive sector
When is MO next earnings release?: The next earnings release for MO is on October 29, 2026

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

MO Official Website www.altria.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/764180/000076418026000007/0000764180-26-000007-index.htm
MO Profile on Yahoo Finance finance.yahoo.com/quote/MO
MO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mo