FotografiaBasica Altria Group, Inc. (NYSE:MO) is a major tobacco company with a market capitalization of less than $80 billion. The company has had struggles with e-cigarettes, spending many billions of dollars on Juul, but it’s continued to run a well-operated business with reliable cash flow. The company’s dividends and reliable business improvements make it a…
Tsuji On our last coverage of Altria Group, Inc. (NYSE:MO) we pointed out the bull case was being undermined by a bunch of quitters. Investors were too drunk on the dividend hike to care, and the stock glided higher. Seeking Alpha Q1-2024 results came out and gave everyone another opportunity to focus on the facts….
PM Images Altria Group (NYSE:MO) has been a battleground stock for years. The bears have been winning as shares have declined by -15.76% over the past five years. This has caused the dividend yield to gradually increase as MO has increased the dividend payment on an annual basis while its share price deteriorated. One of…
Altria Group, Inc. (NYSE:MO) Q1 2024 Earnings Conference Call April 25, 2024 9:00 AM ET Company Participants Mac Livingston – Vice President, Investor RelationsBilly Gifford – Chief Executive OfficerSal Mancuso – Executive Vice President and Chief Financial Officer Conference Call Participants Pamela Kaufman – Morgan StanleyBonnie Herzog – Goldman SachsFaham Baig – UBSMatt Smith –…
Anton Petrus/Moment via Getty Images Altria (NYSE:MO) is a “Dividend King” and there are only about 55 companies that currently qualify for this title. To make this list, a company needs to have at least 50 years of consecutive dividend increases. Altria has a 54-year history of consecutive dividend increases. The company has been able…
Altria Group, Inc. (NYSE:MO) Q4 2023 Results Conference Call February 1, 2024 9:00 AM ET Company Participants Mac Livingston – Vice President, Investor Relations Billy Gifford – Chief Executive Officer Sal Mancuso – Executive Vice President and Chief Financial Officer Conference Call Participants Matt Smith – Stifel Pamela Kaufman – Morgan Stanley Bonnie Herzog –…
FotografiaBasica Altria Group, Inc. (NYSE:MO) attracts a lot of interest for its high dividend yield. Many investors – including users here on Seeking Alpha – who don’t already hold it seem at least interested in holding the stock for the yield. But skeptics have been increasingly asking one question in particular: Why hold a stock…
krblokhin Introduction Altria Group (NYSE:MO), on the surface, may not be the most attractive stock. The company’s stock appreciation has been minimal over the past few years. However, the merit of investing in Altria comes from extremely lucrative and consistent dividend payouts. As such, one may view Altria as a pure dividend investment. While this…
atakan/iStock via Getty Images Introduction When it comes to long-term investments, I mainly buy companies that fulfill critical roles in the modern economy. This includes transportation companies, healthcare, defense, financial services, energy, and related. I also try to find a sweet spot between growth and value, as I am neither a pure-play “growth” nor “value”…
Mario Tama Overview MO stands for “Must Own”: a popular comment here. This is for good reason, too! With a dividend yield of 9.4% and 54 years of consecutive dividend raises, it’s no wonder MO is a popular choice amongst dividend investors. I recently wrote an article on Philip Morris (PM) where a lot of…
Mario Tama Thesis A friend of mine is retiring this month and asked me to point him in the direction of companies with attractive yield on cost potential. My first response was that he should check out Altria Group, Inc. (NYSE:MO). They have significant cash flow and have been buying back shares, this has allowed…
Marina Vedernikova/iStock via Getty Images Introduction Isn’t it easy to find arguments in favor of a certain stock? There are of course many reasons why an investor might decide to buy a particular stock, but a high dividend yield is definitely one of the more obvious reasons, apart from a growth-laden narrative (e.g. artificial intelligence,…
Mario Tama Dear subscribers, Over the years, I’ve made no secret about my continual low-valuation investing in Altria (NYSE:MO) when the company was cheap. The closer to sub-$40, the more I’ve added. Much of my position was added during COVID-19. With FX included and dividends paid, it’ll take a lot for me to go more…
Thomas Faull Altria (NYSE:MO) is grappling with a significant downturn in its smokable products segment as the industry inevitably shifts toward smoke-free alternatives. This segment reduced by 10% last quarter. Analysts are divided on how rapidly sales volumes will decrease and whether Altria can consistently hike prices to offset this decline. For Altria to preserve…
Mario Tama Altria Group, Inc. (NYSE:MO) continues to see weakness in its share price, not surprising given the company’s primary source of strength is its dividend. In a rising interest rate environment, the company with a reliable dividend yield it’s paid out for decades is now approaching a double-digit yield. However, when your largest business…
“If all Altria shareholders quit smoking, the company cuts its dividend and we are right back to square one on our finances.” Gorica Poturak A little while back, we suggested that Altria Group Inc. (NYSE:MO) investors were in for a declining royalty type of investors and that total returns would be rather poor. Our conclusion…
Liudmila Chernetska We previously covered Altria (NYSE:MO) in August 2023, discussing its determination to rebuild its alternative tobacco segment after the Juul fiasco, attributed to the recently announced NJOY acquisition. We had cautiously rated the stock as a Buy then, thanks to its robust profitability and tempting dividends, while warning investors to monitor its progress…
Mario Tama Introduction Altria (NYSE:MO) recently reported its Q3 earnings and let’s just say investors were not happy. Since then, the stock has fallen over 7% and now trades below $40 and hit a new 52-week low of $39.06. The stock has not seen a price this low since November 20th of 2020 when it…
Altria Group, Inc. (NYSE:MO) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET Company Participants Mac Livingston – Vice President, Investor Relations Billy Gifford – Chief Executive Officer Sal Mancuso – Executive Vice President and Chief Financial Officer Conference Call Participants Pamela Kaufman – Morgan Stanley Bonnie Herzog – Goldman Sachs Andrei Condrea…
PM Images 2023 has been a challenging year for dividend stocks as the Fed tightening cycle pushed interest rates well past 5%. It’s now the most lucrative time in over a decade to allocate capital toward risk-free investments as the 2-year treasury has a yield exceeding 5% and the 10-year yields 4.68%. There were many…
Mario Tama In early May, I updated investors in leading U.S. tobacco manufacturer Altria Group, Inc. (NYSE:MO), urging caution. I highlighted that market operators have already priced in its better-than-expected Q1 adjusted EPS metric as MO surged close to its critical resistance zone. As such, I anticipated selling pressure to intensify, which could hinder a…