Is NYSE:MO suited for dividend investing?

Discover ALTRIA GROUP INC (NYSE:MO)—a stock that our stock screener has recognized as a solid dividend pick with strong fundamentals. NYSE:MO showcases decent financial health and profitability while providing a sustainable dividend. We'll explore the specifics further.

A Closer Look at Dividend for NYSE:MO

ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NYSE:MO earns a 7 out of 10:

• With a Yearly Dividend Yield of 7.73%, MO is a good candidate for dividend investing.
• MO's Dividend Yield is rather good when compared to the industry average which is at 4.82. MO pays more dividend than 90.00% of the companies in the same industry.
• MO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.29.
• MO has paid a dividend for at least 10 years, which is a reliable track record.
• MO has not decreased their dividend for at least 10 years, which is a reliable track record.

A Closer Look at Health for NYSE:MO

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:MO has earned a 5 out of 10:

• MO has an Altman-Z score of 4.45. This indicates that MO is financially healthy and has little risk of bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 4.45, MO belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
• The Debt to FCF ratio of MO is 2.84, which is a good value as it means it would take MO, 2.84 years of fcf income to pay off all of its debts.
• With an excellent Debt to FCF ratio value of 2.84, MO belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.

Analyzing Profitability Metrics

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:MO has achieved a 8:

• The Return On Assets of MO (29.47%) is better than 100.00% of its industry peers.
• The Return On Invested Capital of MO (33.01%) is better than 90.00% of its industry peers.
• The 3 year average ROIC (31.67%) for MO is below the current ROIC(33.01%), indicating increased profibility in the last year.
• The Profit Margin of MO (42.15%) is better than 100.00% of its industry peers.
• In the last couple of years the Profit Margin of MO has grown nicely.
• MO's Operating Margin of 47.93% is amongst the best of the industry. MO outperforms 90.00% of its industry peers.
• In the last couple of years the Operating Margin of MO has grown nicely.
• MO's Gross Margin of 58.64% is fine compared to the rest of the industry. MO outperforms 80.00% of its industry peers.
• MO's Gross Margin has improved in the last couple of years.

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Our latest full fundamental report of MO contains the most current fundamental analsysis.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.