Why Altria Stock is Still a Good Dividend Play
Altria(MO) MarketBeat·2024-06-05 12:33
Altria NYSE: MO is among the leading sin stocks but is still a good dividend play today. Up more than 17.5% in the last few weeks, the purveyor of tobacco products is on track to reclaim the high end of a long-term trading range and possibly set new highs. Among the drivers for this move is the company’s considerable cash flow, which is used to repurchase shares, pay market-beating dividends, and maintain a healthy balance sheet. Get Altria Group alerts:Here are 7 Compelling Reasons Altria is A Good Buy for ...