MO / Altria Stock Selloff Lifts Dividend Yield to Nearly 10%

Altria makes tobacco products including cigarettes, pouches, cigars, and vapes. Cigarettes are the company's biggest product. more_horizontal

Altria Group fell 8% on a mild earnings miss. 10% volume declines have the market worried about its smoke-free future transition. Management, analysts more_horizontal

I believe that inflation for a common man is higher than what the headline inflation data suggests. To retain purchasing power of money, it's importan more_horizontal

Altria's stock has not performed as well as expected, but still offers good returns for income investors. Altria's cigarette sales are declining, but more_horizontal

Altria Group stock dove Thursday after investor disappointment with guidance. The dividend yield swelled nearly to double digits. more_horizontal

Altria Group, Inc. stock has declined significantly in the past month, six months, YTD, and five years due to the decline of traditional cigarettes in more_horizontal

Market volatility in 2023 has made some equities overvalued and other undervalued. Investors have fled some sectors and industries because their resul more_horizontal

Altria's (MO) third-quarter 2023 results reflect lower shipment volumes as a result of macroeconomic pressure on ATC behavior. However, pricing remain more_horizontal