All articles tagged with #altria
Altria reported a Q4 revenue miss with a 2.1% drop to $5.8B driven by weaker smokeables, though oral tobacco pricing rose. The company guides 2026 EPS growth of 2.5%–5.5% and a mid‑single‑digit CAGR through 2028, with dividend per‑share growth keeping its long track record of regular increases. Risks include declining cigarette shipments and competition from illicit e‑vapor products, amid only modest near‑term EPS growth.
Investors are advised to diversify away from high-risk AI stocks by considering non-tech companies with low correlation to AI, such as Johnson & Johnson, eBay, and Altria, which offer stability, growth potential, and attractive dividends amid market shifts.
Iron Mountain and Altria are highlighted as strong dividend stocks to consider for a 2025 portfolio. Iron Mountain, a leader in data storage, offers a 2.38% dividend yield and has shown significant revenue growth, despite a drop in net income. Altria, with a 7% yield, continues to perform well in the tobacco industry, supported by its 'Optimize & Accelerate' initiative and diversification into smoke-free products. Both stocks have shown impressive gains in 2024, making them attractive for long-term investment, though market conditions could affect their future performance.
The article highlights three high-yield dividend stocks worth considering for passive income: AT&T, Altria, and Enterprise Products Partners. AT&T offers a 6.3% yield and is focused on 5G and fiber internet growth. Altria, with an 8.6% yield, is expanding into smoke-free products and cannabis. Enterprise Products Partners, yielding 7.3%, benefits from stable volume-based fees in the energy sector, driven by rising demand for natural gas and AI-related electricity needs.
Shares of AB InBev fell over 4% after trading suspension due to news of U.S. tobacco giant Altria selling a portion of its 10% stake in the company, with plans to sell 35 million of its 197 million shares at a price of 54.7 euros per share, about 6.5% less than the previous day's closing price. AB InBev intends to buy back $200 million worth of shares, and the sale will reduce Altria's holding in the company to around 8%.
Altria plans to sell $2.3 billion worth of its stake in Anheuser-Busch InBev to buy back its own stock, with the option to sell an additional 5.25 million shares. The move reflects confidence in ABI's long-term strategies, global brands, and management team. AB InBev will buy $200 million of the stock Altria is selling, and analysts believe the brewer's deleverage plans will allow for more stock buybacks in the future. Anheuser-Busch InBev's U.S. business has been impacted by declining Bud Light sales, but its global business remains unaffected. Altria stock rose 1% following the announcement.
Shares of AB InBev were suspended from trading at the request of Belgium's FSMA after news that Altria, the tobacco giant, plans to sell around 35 million shares, or a fifth of its stake, in the world's top beer maker. AB InBev intends to buy back $200 million worth of shares, and its CEO stated that the move is consistent with the company's strategy. Analysts believe the sale will have minimal longer-term significance for AB InBev, and Altria aims to use the proceeds to fund additional buybacks of its own stock.
Altria Group, Inc. intends to sell a portion of its investment in Anheuser-Busch InBev SA/NA through a global secondary offering, including public offerings and private placements. The company plans to use the proceeds for additional share repurchases of its common stock and has filed a registration statement with the U.S. Securities and Exchange Commission for the offering. Altria currently holds approximately 10% ownership in ABI and is offering 35 million of ABI’s ordinary shares. The offering and the partial sale of the investment have been approved by Altria's Board, and Morgan Stanley is acting as the lead underwriter for the proposed offering.
Altria's stock has declined over the past five years, facing challenges such as declining cigarette shipments and market share losses. Despite a high dividend yield and low forward earnings multiple, the company's existential challenges and lack of meaningful revenue growth suggest it may not be a good investment. Investors are advised to consider higher-growth tobacco stocks like Philip Morris International or other blue-chip dividend stocks instead.
Passive income investors are presented with a choice between two high-yield dividend stocks, Altria and Ford, as analyzed by Fool.com contributor Parkev Tatevosian. Comparing the two, Tatevosian aims to determine the better investment for passive income investors, considering Altria's 9.5% yield and Ford's 5.3% yield as of Jan. 30, 2024.
Altria, a consumer staples company with a nearly 10% dividend yield, heavily relies on its cigarette business, which is facing a steady decline in shipment volumes. Despite its market dominance and price increases, the long-term outlook is concerning due to strategic missteps, failed initiatives, and the need to find new growth avenues. While the generous dividend may be tempting, investing in Altria carries significant risk, and close monitoring is advised.
When considering high-yield dividend stocks in the S&P 500, investors should be cautious. Altria's declining cigarette business raises concerns about the sustainability of its dividend, while Pioneer Natural Resources and Devon Energy have variable dividend policies tied to energy prices, making their income streams unreliable. Additionally, Pioneer's pending acquisition by ExxonMobil adds further risk. Not all high-yield stocks are worth owning, and these three may not be attractive options for investors seeking reliable income from their portfolios.
When considering the highest-paying dividend stocks in the S&P 500, investors should be cautious. Altria's declining cigarette business raises concerns about the sustainability of its high dividend yield, while Pioneer Natural Resources and Devon Energy have variable dividend policies tied to energy prices, making their income streams unreliable. Additionally, Pioneer is in the process of being acquired by ExxonMobil, adding further uncertainty. These factors suggest that these high-yield S&P 500 dividend stocks may not be attractive options for investors seeking stable income.
Altria's Q3 earnings report disappointed investors, causing the stock price to fall over 7% and hit a new 52-week low. The company missed on both earnings per share and revenue, and narrowed its full-year guidance. Despite the negative sentiment, the author sees an opportunity to buy more shares and collect the company's large dividends. They highlight the growth potential of the recent NJOY acquisition and the positive performance of the oral tobacco segment. However, risks such as declining cigarette volumes, illegal flavored e-vapor products, and stricter regulations should be considered. The author remains optimistic about Altria's long-term prospects and views the current price decline as a buying opportunity.
Altria Group Inc. reported its Q3 2023 earnings, with adjusted earnings per share remaining flat year over year and falling short of estimates. The company experienced a decline in net revenues, mainly due to reduced volumes in the smokeable product segment. Domestic shipment volumes for cigarettes also tumbled, attributed to macroeconomic pressure and the rise of illegitimate e-vapor products. Altria's guidance for 2023 adjusted EPS was narrowed, reflecting the company's assessment of economic factors and consumer purchasing patterns.