How Safe Is Mo dividend?

Is Mo dividend sustainable?

The Altria stock dividend appears safe. It consumes only a portion of the company’s free cash flow. And that cash is supported by a consistent and proven business model. Also, Altria projects slow but profitable growth during the next 1-3 years.

Is Mo still a buy?

MO stock is no longer a buy, as it is just extended from the consolidation pattern. IBD recommends investors focus on stocks that are closer to their highs and that have Composite Ratings of 90 or higher. Earnings growth for MO stock might tick higher this year.

Is Mo a good dividend stock?

Altria Group offers income investors a whopping 7.6% dividend yield that is sustainable. The stock trades at a forward P/E ratio under 10, which makes it tempting as a value stock.

Is Altria Group a good stock to buy?

Considering its superior dividend yield, share buybacks, and more attractive valuation, Altria is the better investment going forward.

Will Mo raise its dividend in 2021?

(Altria) (NYSE: MO) today announced that its Board of Directors declared a regular quarterly dividend of $0.90 per share, payable on January 10, 2022 to shareholders of record as of December 23, 2021. The ex-dividend date is December 22, 2021.

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Will Altria raise dividends in 2021?

(Altria) (NYSE: MO) today announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 4.7% to $0.90 per share versus the previous rate of $0.86 per share. The quarterly dividend is payable on October 12, 2021 to shareholders of record as of September 15, 2021.

What is Zacks rating on Mo?

For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment.

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
5 Strong Sell 2.64%
S&P 500 11.20%

Is BTI dividend safe?

BTI’s dividend is extremely safe if measured relative to recent earnings.

How many years has mo increased its dividend?

Altria Group (NYSE:MO) has increased its dividend for the past 13 consecutive years.

What months does Mo pay dividends?

MO Dividend History

Ex/EFF DATE TYPE PAYMENT DATE
12/24/2019 CASH 01/10/2020
09/13/2019 CASH 10/10/2019
06/13/2019 CASH 07/10/2019
03/22/2019 CASH 04/30/2019

Does Altria own Philip Morris?

Altria is the parent company of Philip Morris USA (producer of Marlboro cigarettes), John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., and Philip Morris Capital Corporation.

Is Aurora Cannabi stock a good buy?

So, should I buy Aurora Cannabis stock? Aurora Cannabis is a loss-making company struggling with tepid revenue growth and shareholder dilution. It’s a high-risk bet even after losing 90% in market value in the last three years. There are far better growth stocks that you can buy right now.

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Is AbbVie a good stock?

In short, AbbVie is an excellent stock to consider for both value and income investors.