On 2016-08-25, Altria Group (NYSE:MO) confirmed the dividend disbursement of $0.61 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-10-11 while ex-dividend date is reported to be 2016-09-13.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Altria Group (NYSE:MO) paid a total of $0.61 per share in dividends. This figure stood at $0.61 a share in the same period a year ago indicating a deviation of 8.5%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $69.285 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $74 and $62, respectively.
Taking the mathematical rating formula, the price for Altria Group (NYSE:MO) stands at 2.1. Earnings Review Altria Group (NYSE:MO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.81.
Coming to the quarter ending on 2015-12-31, Altria Group (NYSE:MO) recorded EPS of $0.81. The reported numbers came lower than the analysts’ estimates of $0.8, demonstrating a miss of $0.01 as against reported figures.
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