Altria Stock Offers Sustainable 5.8% Dividend Yield and Growth Potential

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โดย The Motley Fool·Read original
Summary · why it matters

Altria, the largest U.S. tobacco company, offers a forward dividend yield of 5.8% and has raised its payout 60 times over 56 years, making it a Dividend King. The company spent only 81% of its free cash flow on dividends over the past 12 months, supporting sustainability. Altria aims to generate at least $5 billion in smoke-free revenue by 2028, equivalent to 24% of projected sales, driven by brands like NJOY e-cigarettes and On! nicotine pouches. Analysts expect earnings per share to grow at a 13% compound annual growth rate from 2025 to 2028, and the stock trades at 13 times this year's earnings. The company is insulated from tariffs as it produces and sells nearly all products domestically.

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