Altria Group (NYSE: MO) has demonstrated
impressive performance with shares increasing by
10% YTD, making it a preferred
dividend play. Despite an overall decrease in cigarette volumes, the company maintains a
strong forward yield and has declared a
$1.02 quarterly dividend. Altria's 2025 first-quarter results revealed strong performance in oral tobacco, and its earnings
beat estimates despite lower sales. The earnings also boosted the company's stock rating by S&P Global Ratings. Furthermore, an
investigation is being conducted by Pomerantz Law Firm on behalf of Altria's investors. With a growing interest among
institutional owners holding 61% of the company and an increasing
shareholder yield that exceeds 10%, Altria's stock continues to attract investor attention. Nonetheless, a decline in Q1 net income to US$1 billion and a potential
CEO compensation cool-off suggest careful assessment for potential investors.
Altria Group MO News Analytics from Mon, 06 Jan 2025 08:00:00 GMT to Fri, 16 May 2025 17:52:09 GMT -
Rating 8
- Innovation 2
- Information 9
- Rumor -4
