Altria: Comfortably Grab A Near 15% Cash Yield Or A Double-Digit Dividend Yield – Seeking Alpha

Altria: Comfortably Grab A Near 15% Cash Yield Or A Double-Digit Dividend Yield – Seeking Alpha

Altria (NYSE: MO) has had an amazing 2020, but hasn’t received any real credit for it. The company’s market capitalization remains around $80 billion, and investors’ lack of trust in the company has pushed its dividend to more than 8%. Despite those pressures, as we’ll see throughout this article, the company remains a unique and valuable investment with numerous opportunities.

Altria takes a $4.5 billion hit on Juul amid vaping backlash - ABC News

Altria – ABC News

Altria’s Impressive Business Performance

Altria has continued to see impressive performance from its businesses as 2020 has been a much better year than originally forecast.

Altria Smoke & Oral Tobacco Performance – Altria Investor Presentation

Altria saw a 9.1% gain in its adjusted OCI from $3 billion to $3.3 billion, and improved its margins from 57.2% to 59.2%. That means part of its performance improvements is due to margin improvements, but the company has also managed to maintain its overall revenue and performance. This presence of the company’s performance shows its strength.

Altria’s strength comes from the minimal
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