Strong dividend paying company, they have been around a long time....guaranteed dividend every quarter. I'm loving this company. Stay safe everybody.
C
More for the negative posters...
If MO is not consistent with your risk tolerance or financial objectives then either sell your position or don't consider investing in the company. Find a company that fits your criteria and focus your attention on it.
Be happy. Don't worry. Life is too short for unnecessary angst.
I'm happy with $5,369.84 of dividend income on an annualized basis.
R
if ur not investing in peoples addictions, which is a bad word for habits and lifestyle, then your not following cash flow. PM is safer as I feel broader range is better for cigs. Also if you look up C.A No. 120-cv-05333 , you can see a civil litigation towards juul is coming. Anyways, im staying long, but hoping for some better prices for the great div
M
Any opinions how long can the dividend be supported at these levels? I’m not complaining as long as the sp holds.
J
Everyone was getting financially stimulated and pandemic smoking in Q3, its going to be a blowout quarter.
C
For the negative posters...
MO avg annual return since Jan 2010: with div reinvest = 12.50% without div reinvest = 11.52%
Perfectly acceptable for many people and suitable for people who want income.
J
Way undervalued!
V
when pot is legalized they will dominate the market
S
Between the call options against the stock and the dividend this thing is great. I just checked my acct and I got my Div...yeaaaaaa...Sushi time for lunch. Thanks MO.
S
We are back in no brained price again,add a few more
D
better start buying lots of shares. That x dividend date will come before you know it. The price is already sweet. it can bounce back real fast
J
Argus Research Report Sept, 2020
We are reiterating our BUY rating on Altria Group Inc. (NYSE: MO) with a target price of $54. The company has been growing through acquisitions, including the purchase of a 45% stake in Cronos Group, a Canadian marijuana producer, and a 35% stake in e-cigarette maker JUUL Labs. However, it is facing pressure from legislative efforts to limit sales of e-vapor products. These efforts are likely to include restrictions on the level of nicotine and on the options for flavored e-cigarettes. Nevertheless, we believe that consumers will continue to view vaping products as a more acceptable nicotine delivery system than traditional cigarettes or chewing tobacco, and that the use of these products will grow despite legislative restrictions. We also note that Altria still generates most of its revenue from smokeable products, including top-selling brands such as Marlboro, and that smokeless products accounted for just 12% ($791 million) of net revenue in 2Q20. The company also benefits from a strong balance sheet and pays a solid dividend with a yield of about 8%.
a
looking to buy in. I am only 21 and own a few of GM, XOM, AND was wondering if you guys had any thoughts on this one.
D
even the strongest and longest shareholders can not be happy right now. Company needs to deliver something. what is taking them so long rolling out the new devices
j
why not buy more at these levels?
B
PM CEO on Squakbox just said he could see the use of cigarettes end completely in some countries in 10-15 yrs.....!!! I don't think thats good news for MO.
D
tough time for MO shareholders. Two massive mistakes in a row. Juul and over paying for Cron. They can recover and will recover. sit back collect your big dividend and add shares into the weakness if you can
J
Great company, founded in 1822. They always meet or beat there EPS. Automatic quarterly dividend payout, just buy more and hold......good luck.
J
Our sister company PM runs the table tomorrow with an Annualized Dividend of $4.80/6.09% or $1.20 quarterly.
K
Negative money flow has improved from extreme levels. The past several days have decreased. Today was an improvement as well.
If MO is not consistent with your risk tolerance or financial objectives then either sell your position or don't consider investing in the company. Find a company that fits your criteria and focus your attention on it.
Be happy. Don't worry. Life is too short for unnecessary angst.
I'm happy with $5,369.84 of dividend income on an annualized basis.
MO avg annual return since Jan 2010:
with div reinvest = 12.50%
without div reinvest = 11.52%
Perfectly acceptable for many people and suitable for people who want income.
We are reiterating our BUY rating on Altria Group Inc. (NYSE: MO) with a target price
of $54. The company has been growing through acquisitions, including the purchase of a
45% stake in Cronos Group, a Canadian marijuana producer, and a 35% stake in
e-cigarette maker JUUL Labs. However, it is facing pressure from legislative efforts to limit
sales of e-vapor products. These efforts are likely to include restrictions on the level of
nicotine and on the options for flavored e-cigarettes. Nevertheless, we believe that
consumers will continue to view vaping products as a more acceptable nicotine delivery
system than traditional cigarettes or chewing tobacco, and that the use of these products
will grow despite legislative restrictions. We also note that Altria still generates most of its
revenue from smokeable products, including top-selling brands such as Marlboro, and that
smokeless products accounted for just 12% ($791 million) of net revenue in 2Q20. The
company also benefits from a strong balance sheet and pays a solid dividend with a yield
of about 8%.
I don't think thats good news for MO.