The main reason Altria stock pulled back was its guidance came up short. Management said adjusted earnings per share would grow 2% to 5%, reaching $5.22 to $5.37, which compares to the analyst ...
Altria has grown its dividend for 54 straight years. Altria is the epitome of a stable and dependable stock. It has not only paid out but has increased its dividend annually for 54 years.
And that has allowed Altria to support and grow its dividend. That said, Wall Street is clearly worried about the sustainability of these conflicting trends over time, since the stock offers a ...