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Altria: Dividend Idea Of The Week

Published 11/25/2012, 06:37 AM
Updated 07/09/2023, 06:31 AM
PM
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MO
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FTNMX451030
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MORN
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Our weekly dividend idea is the U.S. based cigarette company Altria (MO).

Altria Group, Inc. is a holding company. As of December 31, 2011, Altria Group, Inc.’s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes and certain smokeless products in the United States; UST LLC (UST), which through its direct and indirect wholly owned subsidiaries including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle), is engaged in the manufacture and sale of smokeless products and wine; and John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco. Philip Morris Capital Corporation (PMCC), another wholly owned subsidiary of the Company, maintains a portfolio of leveraged and direct finance leases. As of December 31, 2011, Altria Group, Inc.’s segments included cigarettes, smokeless products, cigars, wine and financial services. More from Reuters here.

* I am long in MO shares. I receive no compensation to write about these specific stocks, sector or theme. I don't plan to increase or decrease positions or obligations within the next 72 hours.

For the other stocks: I have positions in LO, BTI and PM. No positions in other stocks mentioned, and no plans to initiate any positions within the next 72 hours. I receive no compensation to write about any specific stock, sector or theme.

The stock analysis, including the rating and up/down potential, is based on historical information and provided by several data provider like Thompson Reuters, Morningstar, GoogleFinance, YahooFinance and MSN. The analysis assumes the stock will perform in the future as it has in the past. This is generally never true. Material presented here is for informational purposes only. Before buying or selling a security, you should do your own research and reach your own conclusion.

Here is the full stock analysis report

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