---
schema_version: "secwatch.filing_event.v1"
accession: "0000764180-23-000047"
form_type: "8-K"
ticker: "MO"
cik: "0000764180"
company_name: "ALTRIA GROUP, INC."
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:43:32.544743+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Altria sets 2028 goals for mid-single digit EPS/dividend growth; reaffirms 2023 guidance

## Summary
- New 2028 Enterprise Goals: mid-single digits CAGR adjusted diluted EPS growth; progressive dividend policy targeting mid-single digits annual dividend growth.
- Smoke-free targets: at least 35% volume growth from 800M units (2022 base); double net revenues to $5B with $2B from innovative products.
- Maintain U.S. tobacco leadership and total adjusted OCI margin of at least 60% each year through 2028; debt-to-EBITDA ratio target ~2.0x.
- Reaffirmed 2023 full-year adjusted EPS guidance of $4.98-$5.13 (3-6% growth from 2022 base of $4.84).
- Unveiled SWIC heated tobacco capsule and on! PLUS oral pouch; PMTAs not yet filed; progress toward bringing to market upon regulatory authorization.

## SEC filing metadata
- accession: 0000764180-23-000047
- form_type: 8-K
- ticker: MO
- cik: 0000764180
- company_name: ALTRIA GROUP, INC.
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764180/000076418023000047/0000764180-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764180/000076418023000047/mo-20230322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000764180-23-000047
- JSON: https://secwatch.observer/filing/0000764180-23-000047.json
- Plain text: https://secwatch.observer/filing/0000764180-23-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.