Altria Boosts Dividend to 78 Payout Ratio While Stifel Upgrades Target as Stock Ranks 277th in $380M Trading Volume

On August 28, 2025, Altria Group (MO) traded with a 0.02% gain, closing at $66.45. The stock saw a volume of $0.38 billion, ranking 277th in trading activity for the day. Analysts highlighted recent developments including a 3.9% dividend increase to $1.06 per share, raising the payout ratio to 78% based on 2025 earnings expectations. Stifel upgraded its price target for MO to $72 from $65, citing the dividend hike and the company’s consistent dividend growth since 2008. Altria’s free cash flow generation supports expectations of mid-single-digit dividend growth in the medium term.

The tobacco giant continues to expand into next-generation nicotine products, including oral pouches and e-vapor devices. Despite its strong cash flow and defensive positioning, analysts note that its high payout ratio could limit future flexibility. Institutional ownership remains robust at 57.41%, reflecting confidence in its stability. Short interest has declined by 0.86% month-over-month, signaling improved investor sentiment.

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