Altria's Stock: Great Margins, High Dividends, But No Growth Potential
Summary
Altria offers strong profitability and a high, growing dividend yield but struggles with stagnant sales and a weak balan...
Altria offers strong profitability and a high, growing dividend yield but struggles with stagnant sales and a weak balance sheet. Valuation remains moderate, and the company boasts a 55-year dividend payment streak, appealing to income-focused investors. Growth initiatives in smoke-free products and potential cannabis reform present upside, yet progress is slow and faces regulatory headwinds.