I don’t get why this stock is flat. Great Earnings report. Prospects of Dividend increase. Game-players?
T
Big MO has made us long timers wealthy. We are at the point where the sp doesn’t matter. We are living off the dividends without a care in the world. I recommend you of younger years hear my words. Buy high yield companies with solid revenue streams and REINVEST those dividends while you are still working. You will wake up one day and be amazed how wealthy you have become
S
If we can get above $48.94 this week, Mo will race to $50. I still say you can by right here and do very well over the next 6-12 months.
D
Management actually had a blow out quarter. The earnings beat at $5.6B, but that is AFTER using $1.825B to retire debt ($1.5B) and share repurchases ($325M).
If management had flipped the debt and didn’t by back the earning would have been ~$1/share higher (~$7.4B in total).
That management could deliver stronger than expected revenues And earnings, and at the same time retire about 5% of the outstanding debt and also manage to repurchase 6.6M shares are very positive signs.
D
Not only beats and raised guidance, but average buyback price during the quarter was $49+ and they retired over $1B of debt.
b
It's looking like they should have no problem announcing a raise in the dividend to at least $3.60 next month.
R
Next month they announce a .16 increase to annual dividend.
@Scott and anyone else confused on the news today. Per earnings call transcript, IQOS will “stay in” the current four state expansion markets including the heavily populated northern Virginia area (think DC) without expanding beyond that for now. FDA approval of IQOS as a RRP in the US will also have some weight in the case according to the transcripts. This will be tied up in court(s) for a while. I wouldn’t sell yet, long MO!!
K
Dividend cut will become a reality👇
Philip Morris buying Altria is teed up by Morgan Stanley as possibility again
T
Looking at the bull flag on the 6 mo chart. Looks like it has potential to spike to $55
P
At the expected dividend raise to $ 3.60, that's a 6.5% Yield at a $55 stock price.
I see $ 55, at minimum, this year.
B
I am McBeef and MO is my noble steed. I shall ride ye olde dividends into early retirement
T
Over $2.5 billion in buybacks remaining if the Wine Estate sale gets board approval for additional share repurchases
T
"Altria expects to use the net proceeds from the Ste. Michelle Transaction for additional share repurchases. Altria’s existing share repurchase authorization is limited to $2 billion; therefore, additional share repurchases in connection with the Ste. Michelle Transaction are subject to Altria’s Board approval."
P
Gonna be hard to keep the low end of the share price out of the 50's, longterm, if they raise the dividend to $ 3.60. $ 3.60 and a $ 50 BOTTOM is my call.
k
MO flirted with 48.00 today, I’m looking for something near 50.00 after earnings. Any thoughts?
B
If Buffett didn’t have to keep Up his wholesome image he would be building up a massive stake in MO.
C
I like the low price for accumulation, but it would also be nice to hold some gains…
S
Predictions? I’m going to guess, smash expectations, down 4%. Ughh... I wish they would announce dividend hike tomorrow
If management had flipped the debt and didn’t by back the earning would have been ~$1/share higher (~$7.4B in total).
That management could deliver stronger than expected revenues And earnings, and at the same time retire about 5% of the outstanding debt and also manage to repurchase 6.6M shares are very positive signs.
Philip Morris buying Altria is teed up by Morgan Stanley as possibility again
I see $ 55, at minimum, this year.
Altria’s existing share repurchase authorization is limited to $2 billion; therefore, additional share repurchases
in connection with the Ste. Michelle Transaction are subject to Altria’s Board approval."
Up his wholesome image he would be building up a massive stake in MO.