Analysis – Altria Group Inc. Increases Dividend by 9%

MO

Altria Group Incorporated announced a regular quarterly dividend of $0.565, a 9 percent increase from the prior rate of $0.52 per share. The dividend will be paid at the new higher rate on October 9, 2015, to shareholders of record at close of business on September 15, 2015.

Date Quarterly Dividend
9/15/2015 0.565
6/11/2015 0.52
3/12/2015 0.52
12/22/2014 0.52
9/11/2014 0.52
6/12/2014 0.48
3/12/2014 0.48
12/23/2013 0.48
9/12/2013 0.48
6/12/2013 0.44
3/13/2013 0.44
12/21/2012 0.44
9/12/2012 0.44
6/13/2012 0.41
3/13/2012 0.41
12/22/2011 0.41
9/13/2011 0.41
6/13/2011 0.38
3/11/2011 0.38
12/23/2010 0.38
9/13/2010 0.38
6/11/2010 0.35
3/11/2010 0.35

Analysis of Valuation of Altria Group (Symbol MO).

Altria is trading below its average price/sale (P/S) range.  Altria is trading below its average historical dividend yield. 

Price 08/25/15 % Yield 5 Year Div. Growth Rate  SPS    2015 P/S Ratio 10 yr P/S  Low 10 yr P/S  High 5 yr max Yield % 5 yr lowest Yield %
$51.82 4.20% 6.5% 13.20 3.98 1.28 8.48 6.24% 3.54%

Altria Dividend Yield Chart (Click to enlarge)

MO2

Explanation:  Dividend growth stocks may be valued upon historical relative price/sales and current yield analysis. Dividend stocks trading at a low historical price/sales (P/S) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/S ratio stocks.  Max P/S price target is based upon company reaching its highest historical P/S ratio.  Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years.  Further information on evaluating dividend growth candidates can be found at http://seekingalpha.com/author/timothy-mcintosh/articles

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