Altria Group Inc. operates primarily through its flagship Marlboro brand and boasts a 7.1% forward yield, suggesting potential for dividend stability or increases. The stock has risen 9% this year in contrast to the S&P 500's 3% decline, demonstrating resilience. Despite a 2% drop in revenue to $24 billion in 2024, earnings surged by 42%, pointing to strong cash flow and a robust balance sheet with $11.3 billion in cash. With ongoing tariffs potentially leading to a recession, Altria remains a favored investment option for those seeking safe havens in volatile markets.
Almost all of Altria's cigarette sales are from the Marlboro brand. The brand was first marketed in 1924 and targeted toward women, changing its focus in the 1950s to men.
The stock has changed hands over the past 52 weeks between $60.18 and $40.65 a share, indicating a narrow trading range amidst market volatility.
Altria has solid earnings, an ironclad balance sheet, and almost unprecedented run of dividend payments, having raised its dividend every year for the last 20 years.
Tariffs expected to raise the prices of many imported goods sold in America could trigger a recession, making Altria a safe haven for investors.
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