A confident Altria believes it can generate mid-single-digit earnings growth through 2028 while investing in e-cigarettes, heated tobacco sticks, and other products as it builds its non-cigarette portfolio.
The company also seeks to generate mid-single-digit annual growth in its currently outsize dividend—the stock now offers a yield of nearly 9%.
Source: finance.yahoo.com
Related posts:
Investors haven’t begun to price in recession — Here’s how far the S&P 500 could fall
CD ladder: What it is and how to build one
Forget Tesla - The Biggest Tech Opportunities Of 2023
How Much Does a $300,000 Annuity Pay Per Month?
This Gen Zer applied to 1,700 jobs but only received one offer—and he says hiring managers didn’t co...