Altria(MO)
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Philip Morris International Will Likely Hurt Altria Group's Smoke-Free Business
Seeking Alpha· 2024-10-13 08:41
Altria Group (NYSE: MO ) doesn't need much of an introduction, as it's been a key holding of many retail investors, including me. This leading US tobacco player has strongly benefited my portfolio over the years, and I cannot deny its meaningfulWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’ ...
Looking for Consistent Passive Income? These 2 High-Yield Dividend Stocks Are Great Options.
The Motley Fool· 2024-10-12 07:12
Core Insights - The article emphasizes the importance of dividends as a reliable source of passive income, highlighting two companies with strong dividend yields and established businesses [1] Company Summaries Altria Group - Altria is the largest tobacco company in the U.S., holding a 46.9% market share in cigarettes [2] - The company has increased its dividend for 55 consecutive years, earning the title of Dividend King, with a current quarterly dividend of $1.02 and a forward yield of approximately 8.1% [2][4] - Despite declining smoking rates, Altria has maintained pricing power to offset volume losses, with NJOY products showing significant growth, including a 14.7% increase in consumables shipment volume and an 80% increase in device shipments in the latest quarter [3] - In the first half of the year, Altria reported net earnings of over $5.9 billion and paid out $3.4 billion in dividends, indicating a sustainable payout ratio [4] AT&T - AT&T has experienced a stock price increase of over 26% this year, attributed to a refocus on its core telecom business after selling its 70% stake in DIRECTV [5] - The company cut its dividend by nearly half in early 2022, with the current quarterly dividend at $0.28 and a yield of around 5.1% [5] - AT&T has seen growth in both postpaid phone and Fiber subscribers, gaining 1.6 million postpaid phone subscribers and 1.1 million Fiber customers in the latest quarter, with ARPU increasing for both segments [6] - The company's payout ratio is just over 64%, and it reported free cash flow of $4.6 billion in the latest quarter, suggesting the ability to sustain its dividend [8]
Here's Why Altria (MO) Gained But Lagged the Market Today
ZACKS· 2024-10-11 22:51
The latest trading session saw Altria (MO) ending at $49.84, denoting a +0.32% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.61%. Meanwhile, the Dow experienced a rise of 0.97%, and the technology-dominated Nasdaq saw an increase of 0.33%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker have depreciated by 5.62% over the course of the past month, underperforming the Consumer Staples sector's loss of 3.48% and the S&P 500' ...
3 Of My Favorite High-Yield Stocks For What's Next
Seeking Alpha· 2024-10-11 11:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .The other day, I was recommended a Wall Street Journal op-ed , which was published on July 28. In our fast-moving financial world, that's almost an ancient opinion piece - especiallyAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the com ...
1 Dividend Stock Yielding 8% to Buy in Case of a Bear Market
The Motley Fool· 2024-10-11 09:02
A cheap starting valuation can help balance out your portfolio during bouts of volatility.It might not seem like it today with market indexes rocketing to all-time highs, but bear markets do exist. They happen around once a decade and are defined as a period when an index such as the S&P 500 falls 20% or more from all-time highs.One happened in 2022 (it seems so long ago) as well as briefly in 2020. Before that, there were bear markets in 2009, 2001, and 1990. When stock prices are soaring, it can feel like ...
Walgreens Boots Alliance vs. Altria Group: What's the Better Dividend Stock to Own?
The Motley Fool· 2024-10-10 11:53
These stocks offer a lot of dividend income, but are they worth the risk?Investing in a high-yielding dividend stock can come with significant risks. Oftentimes, a yield is high because it comes at a cost: uncertainty. Even though a dividend may look attractive, investors may not want to buy a stock if they are concerned about its ability to continue paying its dividend.Two incredibly high-yielding stocks you can invest in today are Walgreens Boots Alliance (WBA -1.87%) and Altria Group (MO 1.37%). Neither ...
How Altria Set Itself Up for Failure
The Motley Fool· 2024-10-10 09:20
Altria's cigarette business is doing worse than those of its peers. That's the company's own fault and it could be a huge long-term problem.Altria (MO 1.37%) is a giant in the cigarette business, with its iconic Marlboro brand holding a huge 42% share of the North American cigarette market and a 59.4% share in the premium space. In many ways, the company is an industry leader. And yet, when you look at the numbers, you start to see that Altria is also the industry laggard. It is Altria's own fault -- here's ...
Altria (MO) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-10-09 22:55
Company Performance - Altria (MO) closed at $50.23, reflecting a +1.37% change from the previous day, outperforming the S&P 500's daily gain of 0.71% [1] - Over the past month, Altria's shares have decreased by 8.38%, underperforming the Consumer Staples sector's loss of 3.31% and the S&P 500's gain of 6.41% [1] - The upcoming earnings announcement is scheduled for October 31, 2024, with an expected EPS of $1.36, indicating a 6.25% increase from the same quarter last year [1] Financial Estimates - For the entire fiscal year, earnings are projected at $5.11 per share and revenue at $20.38 billion, representing changes of +3.23% and -0.59% from the prior year, respectively [2] - Recent shifts in analyst projections for Altria are important, as positive revisions indicate analyst optimism regarding the company's business and profitability [2] Valuation Metrics - Altria has a Forward P/E ratio of 9.71, which is in line with the industry average [3] - The company has a PEG ratio of 2.86, compared to the Tobacco industry's average PEG ratio of 2.6 [3] Industry Context - The Tobacco industry is part of the Consumer Staples sector, holding a Zacks Industry Rank of 60, placing it in the top 24% of over 250 industries [4] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [4]
Altria Has An 8% Yield And Reliable Earnings Growth
Seeking Alpha· 2024-10-08 07:43
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Altria (NYSE: MO ) is one of the largest "sin stocks" in the world, focusing on both lower-risk E-Vapor and its traditional business. The company has an 8 ...
3 High-Yield Dividend Stocks That Are Screaming Buys Right Now
The Motley Fool· 2024-10-06 14:45
Lower interest rates make these stand-out dividend payers must-see investments for those who want passive income.The Federal Reserve's pivot to lower interest rates will have ripple effects throughout the economy and send investors looking for passive income to new places. As yields fall in vehicles like high-yield savings accounts, investors could turn to high-quality, high-yield dividend stocks. Consumer spending and healthcare are two pillars of the U.S. economy, and great places to look for such stocks. ...