America’s Safest Stock Posts Solid Earnings

America’s Safest Stock Posts Solid Earnings

Known in some circles, including this one, as the mighty MO, tobacco company Altria Group Inc. (NYSE: MO) posted solid earnings yesterday. Its stock has increased 12% year to date, and yesterday, it rose yet again. The stock market is down 6% over the same period. Wall St. Key Points: Altria Group Inc. (NYSE: MO) has been one of the best dividend stocks over the past half-century. A solid earnings report helped it outperform the broader stock…

Altria revenue slows as cigarette sales slump

Altria’s cigarette sales are slumping and its new products aren’t making up the difference....

Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14%

Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales.

Pfizer has unreasonable whiff of the Marlboro Man

After a pandemic surge, the vaccine maker’s stock crashed. A dividend now equal to 7.5% of its share price resembles tobacco giant Altria. Even amid recent uninspiring results, the implied dour outlook for a firm saving lives instead of ending them looks to be missing the upside.