Altria: 7%+ Dividend Yield Is Good, 10%+ Total Shareholder Yield Is Irresistible
Altria(MO) Seeking Alpha·2024-09-11 01:43
AngiePhotos/E+ via Getty ImagesMO stock: Previous thesis and capital allocation My last article on Altria Group (NYSE:MO) titled "Altria Q2, Cigarette Price Elasticity, And Market Panic" was published on Aug. 6, 2024, by Seeking Alpha. As you can see from the chart below, I rate the stock as a Buy based on the updates from its Q2 earnings report. More specifically, I discussed Altria's recent price divergence from the broader market and argued that this divergence is yet another demonstration of Altria' ...