Mexicools
2022-09-01

$Altria(MO)$

Altria: Greater Than 7% Dividend Yield - And Undervalued

◈Altria is one of my favorite dividend aristocrats. The stock offers investors a relatively safe 7.76%+ dividend yield.

◈Altria has an impressive track record of value accumulation. Most notably, from 2012 to 2021, Altria has recorded a revenue increase every single year.

◈Altria stock's one-year forward P/E is estimated at 10.8x, which represents a 48.5% discount to the consumer staples sector.

◈Personally, I value Altria stock with a residual earnings model and see more than 20% upside.

◈Given Altria's defensive value profile, it is no surprise that the company's stock has clearly outperformed the market YTD.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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