Altria Group Inc. is recognized mainly for its Marlboro brand and offers a forward yield of 7%. The company has a history of increasing dividends for 56 years, demonstrating strong cash flow and a solid balance sheet. In the first quarter, its revenue fell 5%, but adjusted EPS rose 6%. Altria holds $12.8 billion in cash and investments, reaffirming its guidance for 2025. Most revenue comes from cigarettes, with a significant portion from the Marlboro brand, reflecting investor hesitations due to market challenges and potential trade tariffs.
Altria Group Inc., mainly known for its Marlboro brand, has a forward yield of 7% and has raised its dividend for 56 consecutive years, demonstrating strong cash flow.
Despite a 5% revenue decline in the first quarter, adjusted EPS rose by 6% to $1.23, showing resilience in Altria's core tobacco business during market challenges.
Altria currently holds $12.8 billion in cash and long-term investments, reaffirming solid growth guidance for 2025, indicating strong financial health within the company.
The stock has demonstrated significant growth, rising 30% this year against a 13% increase for the S&P 500, showcasing Altria's strong market performance.
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