Altria Group (MO) dropped 9% after mixed earnings, with declining sales volume but raised guidance, trading at a 12 PE with a 75% payout ratio.
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Dividend King Dropped 9%… 6%+ Yield Stock to Buy Right Now?
Aug 1, 2026
The Dividend Diplomats discuss Altria Group (MO) after a 9% drop following mixed earnings. Despite a decline in sales volume for cigarettes and oral tobacco products, the company raised its lower-end earnings guidance. The stock is trading at a 12 PE ratio with a 75% payout ratio, and the creators explore whether it's a buy despite the recent downturn.
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