In January, Altria acquired the privately-held Sherman Group Holdings, LLC and its subsidiaries (Nat Sherman). Nat Sherman sells super-premium cigarettes and premium cigars, and joins Philip Morris USA Inc. and John Middleton Co. as part of Altria’s smokeable products segment. Read Press Release
Altria Group's Historic Beer Ownership
In November 2015, AB InBev and SABMiller announced their agreement to combine.
On October 10, 2016, the transaction closed allowing Altria's continued participation in the global beer profit pool with
an approximately 10.2 percent ownership in AB InBev, including two seats on its Board of Directors.
Altria Group's target dividend payout ratio is approximately 80 percent of adjusted earnings per share.
The present annualized dividend rate is $2.64 per common share. Dividends are declared and approved
only at the discretion of the Board of Directors. Learn More