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Altria MO Stock - Q2 2019 Dividend Safety Update

Sure Dividend
14.6K subscribers
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4.3K views 5 years ago
In this video, we explore Altria's dividend safety. If you want to view our favorite safe dividend stocks, subscribe to our newsletter here: http://www.suredividend.com/subscribe/ To begin, let’s talk about Altria’s business model. Altria is a cigarette company that sells the Marlboro brand of cigarettes in the United Sates as well as a number of non-smokeable brands, including Skoal, Copenhagen and the Ste. Michelle brand of wine. The company also has a 35% ownership stake in e-cigarette maker Juul, a 10% ownership stake in global beer giant Anheuser Busch Inbev and a 45% equity stake in Canadian marijuana producer Cronos Group. Altria trades on the New York Stock Exchange with a market capitalization above $89 billion. Altria is one of the world’s most popular high yield dividend growth stocks. The company’s current dividend yield is nearly 6.8%. Moreover, Altria is a consistent dividend grower. In fact, the company has increased its ann …...more
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Altria MO Stock - Q2 2019 Dividend Safety Update
191Likes
4,365Views
2019Aug 20
In this video, we explore Altria's dividend safety. If you want to view our favorite safe dividend stocks, subscribe to our newsletter here: http://www.suredividend.com/subscribe/ To begin, let’s talk about Altria’s business model. Altria is a cigarette company that sells the Marlboro brand of cigarettes in the United Sates as well as a number of non-smokeable brands, including Skoal, Copenhagen and the Ste. Michelle brand of wine. The company also has a 35% ownership stake in e-cigarette maker Juul, a 10% ownership stake in global beer giant Anheuser Busch Inbev and a 45% equity stake in Canadian marijuana producer Cronos Group. Altria trades on the New York Stock Exchange with a market capitalization above $89 billion. Altria is one of the world’s most popular high yield dividend growth stocks. The company’s current dividend yield is nearly 6.8%. Moreover, Altria is a consistent dividend grower. In fact, the company has increased its annual dividend payment for 49 consecutive years. This qualifies Altria to be a member of the Dividend Aristocrats Index, a group of exclusive dividend stocks with 25+ years of consecutive dividend increases. You can download our free list of Dividend Aristocrats here: https://www.suredividend.com/dividend... Altria is one year away from becoming a member of the Dividend Kings Index, a group of even more exclusive stocks with 50+ years of dividend increases. You can download our free list of Dividend Kings here: https://www.suredividend.com/dividend... Looking ahead, investors interested in owning Altria's stock will likely be interested in the safety of the company’s dividend payment. In this video, we will discuss Altria's dividend safety from four perspectives: 1. it’s dividend safety in the context of its current earnings, 2. its dividend safety in the context of its current free cash flow, 3. its dividend safety in the context of its recession performance, 4. its dividend safety in the context of its current debt load. Subscribe to our YouTube channel: http://youtube.com/c/suredividend?sub... Visit our website: https://www.suredividend.com/ See our best investing ideas: https://www.suredividend.com/subscribe/ Follow us on Twitter:   / suredividend  

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Sure Dividend

14.6K subscribers