Is Altria's 8% Yield Going Up in Smoke?

10/06/2024 17 min

Listen "Is Altria's 8% Yield Going Up in Smoke?"

Episode Synopsis


MO stock has been rising in popularity lately due to their juicy 8% dividend yield. Since part of our strategy here at Nanalyze inlcudes dividend growth investing, our subscribers have asked us to take a look at Altria stock and share our thoughts. One thing we've learned about high dividend yields over the years is that they're often unsustainable. Rather than seeing an 8% yield as appealing, we see it as a red flag. With Altria, their share price has remained relatively flat over the past 5 years, perhaps due to their history of unsuccessful acquisitions as well as a general trend of declining smoke rate in the U.S., Altria's main market. If you're wondering whether Altria is a good dividend stock to buy, you're in the right place.



Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/l6CGL_9lvdI.