Altria Group Inc. is the notorious tobacco giant formerly known as Philip Morris.
Altria remains a compelling choice for income investors, offering a 6.6% yield and 55 years of dividend growth supported by rising EPS. Recent Q2 results beat expectations, with strong performance in smoke-free products and ongoing share buybacks enhancing shareholder value. With the Fed likely to cut rates, MO's high yield and dividend growth should attract capital seeking income as risk-free rates decline.
Altria remains a buy for me due to its industry-leading dividend yield and potential for double-digit total returns, despite recent price appreciation. The company boasts an exceptional track record of dependable dividend growth, with 59 consecutive annual increases and the likely 60th hike coming in August. While cigarette volumes are declining, cost-cutting and share buybacks are supporting EPS growth, and management's guidance inspires confidence for continued dividend increases.
This is my latest article where I provide predictions of upcoming dividend increases from companies with long-term dividend growth histories. We saw 10%+ increases from several companies including regional banks Greene County and Community Trust Bancorp and risk assessor Marsh & McLennan. I expect strong double-digit dividend growth from companies like CBOE, Carlisle, Intuit, Broadridge, Nordson, Badger Meter, and possibly American States Water.
Shares of Altria Group Inc. ( NYSE: MO ) gained 5.46% over the past month after gaining 2.10% the month prior.
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Tobacco company and Dividend King Altria Group Inc.
MO beats second-quarter estimates with strong oral tobacco gains and trims FY25 EPS outlook amid shifting tobacco market trends.
Altria Group, Inc. (NYSE:MO ) Q2 2025 Earnings Conference Call July 30, 2025 9:00 AM ET Company Participants Mac Livingston - Vice President of Investor Relations Salvatore Mancuso - Executive VP & CFO William F. Gifford - CEO & Director Conference Call Participants Bonnie Lee Herzog - Goldman Sachs Group, Inc., Research Division Damian Paul McNeela - Deutsche Bank AG, Research Division Emma Rumney - Unidentified Company Eric Adam Serotta - Morgan Stanley, Research Division Gaurav Jain - Barclays Bank PLC, Research Division Gerald John Pascarelli - Needham & Company, LLC, Research Division Matthew Edward Smith - Stifel, Nicolaus & Company, Incorporated, Research Division Mirza Faham Ali Baig - UBS Investment Bank, Research Division Operator Good day, and welcome to the Altria Group 2025 Second Quarter and First Half Earnings Conference Call.
Altria Group Inc (NYSE:MO, ETR:PHM7) reported an earnings beat for the second quarter, along with raising the lower end of its full-year profit guidance. Adjusted diluted earnings per share (EPS) came in at $1.44, up 8.3% from the same period last year, exceeding the analyst estimate of $1.39.
While the top- and bottom-line numbers for Altria (MO) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Altria (MO) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.31 per share a year ago.