krblokhin Altria Group, Inc. (NYSE:MO) has announced its 55th consecutive year of dividend increase as covered here by Seeking Alpha. The world of investing is filled with adages, repeated ad nauseam at times. But Altria is a living embodiment of "time over timing" as the company's quarterly dividend has now more than tripled since the spin-off in 2008. And without much fanfare, if not downright skepticism surrounding it. I have a history of covering dividend increases of my favorite stocks. The article lin ...

FotografiaBasica Article Thesis Altria Group, Inc. (NYSE:MO) has been a strong performer in recent months, driven by an undemanding valuation and a declining rates environment that made it more attractive for income investors. On Thursday, the company announced another dividend increase, keeping the dividend growth story intact. Past Coverage In the past, I have written about Altria Group here on Seeking Alpha. My most recent article is from March 2024, or around five months ago. In that article, I argu ...

GERMANY - 2024/07/28: In this photo illustration, a Kimberly-Clark Corporation logo seen displayed ... [+] on a tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesWe believe that Kimberly-Clark stock (NYSE: KMB) is currently a better pick than the tobacco company, Altria stock (NYSE: MO), given its better valuation. The decision to invest often comes down to finding the best stocks within the scope of certain characteristics that s ...

Ivan Pantic/E+ via Getty Images Introduction Altria (NYSE:MO) is currently one of my largest portfolio holdings and a very popular stock amongst dividend investors. And for good reason. The stock has more than 50 years of dividend increases and looks to add to that record soon with another one. The stock has performed well, thanks to growing market share and a seemingly successful venture into the e-vapor category. This is something I have been excited about since the announcement. In this article I dis ...

GorlovWe previously covered Altria (NYSE:NYSE:MO) in May 2024, discussing its mixed performance in the Smokeable/ Smoke-free segments and recommending readers to remain patient given its nascent transition to smoke-free approaches. With NJOY already reporting growing retail share and H2'24 likely to bring forth improved numbers as guided by the management, we had reiterated our Buy rating attributed to its still rich dividend investment thesis and robust support levels of between $40s and $44s - with it ...

Defensive stocks are clearly on everyone’s mind after markets fell dramatically at the start of August. Investors worldwide moved into risk-off mode, fearing that the U.S. economy was about to hit a snag. The sudden increase in unemployment in July was the catalyst that left many worried.Last week’s improvement in jobless numbers has helped soothe nerves for now. However, markets are still trading lower than they were a week ago. This means it may be appropriate to consider which defensive stocks to buy on ...

Investment Thesis - Altria's stock has delivered a total return of 16% since May, outperforming the S&P 500's 2% return, leading to a reaffirmation of a "Strong Buy" rating due to attractive valuation and alignment with management's strategic initiatives [2]. Recent Developments - The latest quarterly earnings report on July 31 showed a 3% year-over-year revenue decline, with adjusted EPS remaining flat at $1.31, missing expectations by $0.03 [3][4]. Financial Position - Altria's net debt increased by approximately $1.9 billion in Q2, but the balance sheet remains robust with total debt at $25.02 billion against a market cap of $84 billion. The company maintains a strong dividend yield of 7.92%, indicating a safe dividend outlook [5][6]. Market Diversification - Altria is diversifying away from traditional tobacco products, focusing on growing markets such as e-vapors, nicotine pouches, and heated tobacco, which are projected to grow at CAGRs of 29.80%, 35.70%, and 52.56% respectively [7][8]. - The e-vapor product NJOY is expanding its market share significantly, and the "on!" brand of nicotine pouches saw a 37% increase in shipment volume in Q2, indicating strong growth and market capture [12]. Strategic Initiatives - Altria's joint venture with Japan Tobacco International for heated tobacco products aims to capitalize on the growing market, with forecasts suggesting U.S. cigarette and heated tobacco sales could reach approximately 122.79 billion sticks by 2030 [15]. Valuation Metrics - Altria's valuation metrics are attractive, with a P/E Non-GAAP (TTM) of 10.06 compared to a sector median of 18.01, indicating a significant discount [17]. - The stock has appreciated by around 13% over the last 12 months and has a high "A+" valuation grade, suggesting it is undervalued relative to its historical averages and sector peers [17]. Dividend Analysis - The cost of equity is calculated at 5.85%, with a long-term dividend growth rate of 2%, leading to a fair share price estimate of $108, indicating a substantial upside potential from the current stock price [19]. Conclusion - Altria is transitioning effectively from its legacy tobacco business to new growth areas, maintaining strong profitability and cash flow, with an attractive dividend yield that positions it favorably for dividend investors [22].

mariusFM77 Altria Group, Inc. (NYSE:MO), through its subsidiaries, manufactures and sells smokable and oral tobacco products in the United States. Its most iconic and recognisable brand is Marlboro. Since the start of the year, MO has generated a total return of 28.2% for its shareholders, significantly outperforming the broader market, which has returned roughly 11% in the same period. Data by YCharts The aim of our article today is to assess whether there is any upside potential left after this price run ...

The stock has one of the highest yields on the S&P 500. How long will it last?Tobacco company Altria Group (MO 1.11%) has been a solid dividend stock for decades. It has not only paid a dividend for years, but it has also been raising its payouts regularly, giving investors plenty of incentive to buy and hold. Altria has been an effective choice for income investors with a long-term strategy.But with sales declining and Altria facing an uncertain path ahead, investors might have growing concerns about the s ...

PM Images2024 hasn't just been good for technology companies able to capitalize on the AI boom, it's also been strong for companies that produce things. Companies of yesterday that are often regarded as boring, including The Coca-Cola Company (KO) and Exxon Mobil Corporation (XOM), are up more than 15% YTD. One of my favorite companies that many investors had written off is having a great year, and I believe it will get better in the 2nd half of 2024. Altria Group (NYSE:MO) has been a battleground stock ...