Altria Group Inc. (MO)

MO hits a 52-week high on earnings growth, oral tobacco gains and rising investor confidence in its long-term strategy.

RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Altria--ALTRIA INCREASES QUARTERLY DIVIDEND TO $1.06 PER SHARE.

[00:00:04] Doug McIntyre: Lee.

Dividend Harvesting Portfolio Week 233: $23,300 Allocated, $2,478.50 In Projected Dividends

Altria (MO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Dividend stocks don't look hot at first, but if you sit back and let them compound for decades, these boring names can very well outperform the broader market.

[00:00:04] Doug McIntyre: Lee, I wanna tell you what I think investors need to take into account now.

The stock market is soaring. On a total return basis, the S&P 500 is up 10% year to date, 57% in the past three years, and over 100% in the last five years.

Tobacco stocks were once ignored. Now, they are making a remarkable comeback.

Altria's strong Q2 earnings, robust cash flows, and low P/E support my bullish outlook, despite ongoing cigarette declines and regulatory risks. Growth drivers include expanding oral tobacco market sh...