Altria has targeted a certain annual dividend increase. Its core business remains under pressure. Smokeable-product volume has continued to fall. Generating income from dividends can prove very ...

(Bloomberg) -- Altria Group Inc. kicked off a plan to cut at least $600 million of costs over the next five years as the tobacco group maintained its outlook for the year. The maker of Marlboro ...

Altria Group, Inc. is a holding company, which engages in the manufacture and sale of cigarettes in the United States. It operates through the following segments: Smokeable Products, Oral Tobacco ...

Altria Group, Inc. MO stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 9.85, representing a 16.9% discount compared to the Zacks Tobacco industry’s average of 11.85.

Altria reported revenues of $5.34 billion in the last reported quarter, representing a year-over-year change of +1.3%. EPS of $1.38 for the same period compares with $1.28 a year ago.

And that’s obviously reflected in the “D” growth grade assigned to Altria. Hence, I believe unless you are a devoted income investor trying to milk the highly profitable business of MO while ...

View Altria Group, Inc. (MO) current and estimated P/E ratio data provided by Seeking Alpha.