Looks like MO is going to have a "particularly" good year due to the Trump tax cut.
Instead of $3.49-$3.62 earnings for 2018, MO just gave a range of $3.90-$4.03 for the year. It also re-iterated its 80% dividend policy.
So 80% of that would be dividend in the range of $3.12-$3.22 or $0.78-$0.81/qtr, TBA Aug 23rd. I'll call that $0.80 for my prediction, with the usual +/- 1 cent caveat.
OK, right now it looks unlikely that MO will have IQOS out in Aug, and if it does, it won't be out long enough to have meaningful data. Q4 of this year seems more reasonable now.