Welcome to our dedicated page for Altria Group news (Ticker: MO), a resource for investors and traders seeking the latest updates and insights on Altria Group stock.
Altria Group, Inc. reports developments across its U.S. tobacco and smoke-free nicotine portfolio. Its operating companies include Philip Morris USA in cigarettes, John Middleton in cigars, U.S. Smokeless Tobacco Company in moist smokeless tobacco, Helix Innovations in oral nicotine pouches and NJOY in e-vapor products. News commonly covers quarterly results and guidance, dividends and share repurchases, product and retail updates for on! and on! PLUS nicotine pouches, and FDA marketing authorizations for smoke-free products.
Company updates also address shareholder meetings, board and executive governance, responsibility priorities such as underage-use prevention and environmental impact, and Altria's stated strategy of moving adult nicotine consumers toward smoke-free alternatives.
Altria (NYSE: MO) announced that Steven W. Presley joined its Board of Directors on August 27, 2026. Presley is Chief Executive Officer of Refresco Benelux B.V., a global independent beverage solutions provider, a role he has held since August 2025. He previously held multiple senior leadership positions at Nestlé S.A., including Executive Vice President and Chief Executive Officer for Zone Americas and Zone North America, and earlier roles such as Chief Executive Officer, Chief Financial Officer and Chief Transformation Officer at Nestlé USA. According to Altria, Presley will serve on the Board’s Compensation and Talent Development, Innovation and Finance Committees. The company reiterates its focus on Moving Beyond Smoking by offering a portfolio of combustible and smoke-free nicotine products and highlights key subsidiaries, joint ventures and equity investments supporting its long-term Vision.
Altria (NYSE: MO) announced that its Board of Directors increased the regular quarterly dividend by 4.7% to $1.11 per share, up from $1.06. The dividend is payable on October 9, 2026 to shareholders of record on September 15, 2026. The new annualized rate is $4.44 per share, implying a 6.4% dividend yield based on the August 26, 2026 closing price of $69.12, and aligns with Altria’s goal of mid-single-digit annual dividend per share growth through 2028. This is the company’s 61st dividend increase in 57 years.
Philip Morris International (NYSE: PM) announced that its non-U.S. affiliates have entered into a contract manufacturing arrangement for combustible cigarettes with Philip Morris USA, an Altria (NYSE: MO) operating company. Initial shipments under this collaboration are expected to start in early 2027, subject to operational readiness and regulatory requirements, and PMI does not expect a material impact on its 2026 financials.
PMI emphasized it has not commercialized combustible cigarettes in the U.S. and has no plans to do so; both PMI and Altria will continue to manage their own commercialization, distribution and regulatory activities. PMI highlighted its smoke-free strategy: as of December 31, 2025, an estimated 43 million legal-age consumers used its smoke-free products in over 105 markets, which generated approximately 42% of PMI’s Q2 2026 total net revenues. Since 2008, PMI has invested over $16 billion in developing and commercializing smoke-free products and noted multiple FDA marketing and Modified Risk Tobacco Product authorizations for IQOS, ZYN and General snus.
Altria (NYSE: MO) announced that its subsidiary Philip Morris USA has entered into a contract manufacturing arrangement with non-U.S. affiliates of Philip Morris International (NYSE: PM). The arrangement is intended to enhance the efficiency of PM USA’s traditional tobacco operations and support Altria’s 2028 Enterprise Goals by improving operational capabilities, generating economic benefits to fund its Vision and building capabilities that may be transferable to international nicotine efforts. Altria does not expect a material impact on its 2026 financial results, and both Altria and PMI will continue to operate independently, each retaining responsibility for commercialization, distribution and regulatory activities.
Altria (NYSE: MO) reported 2026 Q2 net revenues of $6.1 billion (flat year over year) and revenues net of excise taxes of $5.4 billion, up 1.2%. Reported diluted EPS was $1.37, down 2.8%, while adjusted diluted EPS increased 2.8% to $1.48. For the first half, net revenues rose 1.6% to $11.5 billion and adjusted diluted EPS grew 4.9% to $2.80.
Altria narrowed its 2026 full-year adjusted diluted EPS guidance to $5.61–$5.72, implying 3.5%–5.5% growth from a 2025 base of $5.42, and raised the lower end. The company returned nearly $3.9 billion to shareholders in the first half via dividends and buybacks, and increased 2026 capital expenditure guidance to $375–$450 million, mainly for consolidating USSTC manufacturing. Smokeable products adjusted OCI rose 4.2% with adjusted OCI margin at 64.9%, despite declining cigarette shipment volumes and higher litigation and ABI-related special items.
Cadiz (NASDAQ: CDZI, CDZIP) appointed Jacinto J. Hernandez as executive vice president of finance and chief financial officer, effective September 1, 2026, succeeding Stanley E. Speer, who will retire in September 2026 and remain an advisor through December 31, 2026. Controller Teffiny Bagnara was promoted to vice president.
According to Cadiz, Hernandez will receive 800,000 RSUs and 800,000 PSUs as Nasdaq Rule 5635(c)(4) inducement awards. Of the RSUs, 200,000 vest immediately and 600,000 vest quarterly over three years. The PSUs vest in four tranches of 200,000 units tied to stock-price hurdles over up to five years, otherwise forfeiting.
Cadiz highlights Hernandez’s 26-year capital markets career, including 22 years at Capital Group and board roles at MO, PXD, ARIS, CTRA and DVN. The company emphasizes his experience funding infrastructure, advising on strategy and capital allocation, and his interest in commercializing the Mojave Groundwater Bank and related water solutions platform.
Altria (NYSE: MO) will host a live audio webcast on Thursday, July 30, 2026 at 9:00 a.m. Eastern Time to discuss its 2026 second-quarter and first-half business results. A press release with these results will be issued around 7:00 a.m. Eastern Time the same day.
The listen-only webcast, featuring CEO Sal Mancuso and CFO Heather Newman, will be accessible via altria.com with required pre-event registration, and an archived replay will be available on the site.
U.S. Smokeless Tobacco Company (NYSE:MO), an Altria subsidiary, will relocate manufacturing from its Nashville, Tennessee plant to a new 270,000-square-foot facility on its Hopkinsville, Kentucky campus.
Nashville production will wind down through early 2028, affecting 300+ employees, and the 800,000-square-foot Nashville site will be sold.
Altria (NYSE: MO) held its 2026 Annual Meeting of Shareholders, where CEO Billy Gifford addressed investor questions and later stepped down. Following the meeting, Sal Mancuso succeeded Gifford as CEO.
The Board also declared a regular quarterly dividend of $1.06 per share, payable July 10, 2026, to shareholders of record and ex-dividend on June 15, 2026. Shareholders elected 10 directors, ratified the 2026 auditor and approved executive compensation on an advisory basis.
Altria (NYSE: MO) will host a live audio webcast of its 2026 Annual Meeting of Shareholders on May 14, 2026 at 9:00 a.m. ET. The meeting is virtual; shareholders of record on March 25, 2026 may vote electronically and submit questions as time permits.
Guests can listen via Guest Login but cannot vote. Archived webcast and investor, earnings, and corporate responsibility resources are available on the company website.