Altria Group is facing challenges with declining cigarette consumption, but remains attractive for income investors.

From Yahoo Finance: 2025-05-20 23:09:00

Altria Group, Inc. (NYSE:MO) is facing challenges with declining cigarette consumption in North America, leading to a 13.7% drop in domestic cigarette shipments in Q1 2025, while cigar shipments were down 2.9%.

Despite these challenges, Altria is actively moving into the smoke-free nicotine category, with the 2023 acquisition of NJOY showing promise with Q1 shipment volumes up by nearly 24% to 13.5 million units.

Altria’s strong cash flow and history of 59 dividend hikes over 55 years signal stability for its 7% dividend yield, with $1.7 billion returned to shareholders in the latest quarter alone.

With a 14% surge in stock value since the start of 2025, Altria remains an attractive option for income investors seeking fundamentally solid businesses in today’s market environment.



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