3Yr·

Altria - does the dividend aristocrat have a future?

It was extraordinary what Altria announced on the subject of dividends in August 2021. The management announced the 56th dividend increase in the last 52 years. This makes the US tobacco company one of the most attractive dividend payers in the world.

Headwinds:

Only this week news came over the ticker, which should not have tasted the tobacco industry so at all. New Zealand is planning to become a smoke-free country with its "Smokefree 2025 Action Plan" law.

Young people who are younger than 14 when the law comes into force will never be allowed to legally buy tobacco products in their lives. In general, smokers will only be able to buy cigarettes with a very low nicotine content.

There are also plans to restrict the number of stores that are allowed to sell tobacco products. These are all measures that will probably have an effect.

Let's look a little closer at Altria's nine-month report. Revenue fell 0.5 percent year-over-year to $19.8 billion from January to September 2021.

Earnings per share rose 4.5 percent to $3.52 per share. For the full year 2021, Altria now expects earnings per share to be between $4.58 and $4.62 per share.

Do you still think the tobacco industry is worthwhile?

13 Comments

Thomas M.@Trader007

3Yr

If you take a closer look, you will see that the tobacco industry has been the sector with the highest returns since 1900 until today. A millennia-old tradition will continue in the future. In the industrialized nations, smoking is declining, but in Africa and Asia, cigarette consumption is on the rise. I continue to buy Altria, BAT and Imperial Brands. I am only interested in the 8% dividend yield. I already have Apple, Amazon, etc.

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Deleted User

3Yr

Comment was deleted

Thomas M.@Trader007

3Yr

@MelonUsk97 There are already enough cultural philistines.

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Paketknecht@Paketknecht

3Yr

Bought Altria (and BAT) yesterday, the tobacco giants are just getting ready for the smoke-free future in which they will continue to make very good money. In my opinion, these are just buying prices, sales and profits are stable at Altria, the shares are paid in a few years just by the dividend, which is increased for over 50 years 🚀 To New Zealand, even there only smoking is severely restricted or it is already, ne box costs there 20€ and people still buy, so it will come sooner or later in the U.S.. What is concealed in most articles, e-cigarettes are excluded from these measures in New Zealand. The people who in the future no longer get tobacco products then just reach for the e-cigarette, which in turn could ensure that in the future more people fall prey to this addiction, because the health risk is much lower than with the classic cigarette.

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Make the potato Sexy again@Potatoes4all

3Yr

You have to think about how big the market is in NZ and how big in the hugely growing population in Africa and Asia....

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Stephan Schnee@MrCumEx

2Yr

Am very satisfied with Altria.

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Deleted User

3Yr

Comment was deleted

Nostradonkey💩@DonkeyInvestor

3Yr

@Fresh-Environment-01 Super, you are welcome to send me your garbage 👍

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Make the potato Sexy again@Potatoes4all

3Yr

@Fresh-Environment-01 :D

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tim1@tim1

3Yr

@Fresh-Environment-01 if you have only 1000€ in the deposit I can understand that 😅

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Deleted User

3Yr

Comment was deleted

tim1@tim1

3Yr

@Timomonochrom I'm happy to agree with you. Nevertheless, I don't want to do without it. But there have already been enough discussions here. If you have a monthly cash flow of soon 2000€ through rental income and dividends, I don't really care whether it is better or not from a tax point of view.

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Thomas M.@Trader007

3Yr

@Fresh-Environment-01 Born after 2000. All clear.

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