-
Posted by
Two Blokes Apr 17 -
Filed in
Stock
-
3 views
Altria's dividend is sustainable with a payout ratio aligned with management's 80% target and consistent free cash flow growth. Despite declining smoking rates, Altria's pricing power and high return on invested capital drive earnings and gross profit growth. Management is pivoting towards a smoke-free future, investing in smoke-free products to sustain long-term growth.
