Altria Group Inc (NYSE:MO, ETR:PHM7) shares fell almost 5% after the tobacco alcohol and cannabis conglomerate's second quarter earnings disappointed on waning cigarette demand.   The owner of Marlbo
Altria (MO) came out with quarterly earnings of $1.31 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.31 per share a year ago.
Altria now expects adjusted earnings for the year of $5.07 a share to $5.15 a share.
The high-yield sector faces uncertainty with potential Fed rate cuts and a steeply inverted yield curve. With that in view, it is a prudent time for investors to be highly selective in which stocks th

Will Pricing Gains Drive Altria's Q2?

10:14pm, Tuesday, 30'th Jul 2024
Altria (NYSE: MO) will report its Q2 2023 results on Wednesday, July 31, and it will likely post an upbeat quarter. We expect the company to post revenue of $5.43 billion and adjusted earnings of $1.3

6 Dividend Increases Expected In August 2024

07:05am, Tuesday, 30'th Jul 2024
6 Dividend Increases Expected In August 2024
Altria Group's (MO) second-quarter earnings are likely to reflect gains from the company's pricing power and smoke-free product strength amid soft cigarette volumes.
24/7 Insights Dividend King shareholders could see some big upside as rates are lowered over the next two years.
Altria has newfound growth outside of its legacy cigarette business. The company has a rich history of paying and raising its dividend.
Pfizer stock has fallen after a COVID-19 vaccine and treatment boost, but shares look attractive now. Enbridge produces predictable cash-flow growth and passes it on to investors with dividends.
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Altria Group: Buy, Sell, or Hold?

08:46am, Sunday, 28'th Jul 2024
Altria is a great income investment with its reliable 8% dividend. It's also a safe haven during market corrections.
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Altria's (MO) strategic moves into smoke-free products offer growth potential, though the declining cigarette business raises concerns.
Altria (MO) concluded the recent trading session at $49.80, signifying a +0.77% move from its prior day's close.
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