Exploring NYSE:MO's dividend characteristics.

Unearth the potential of ALTRIA GROUP INC (NYSE:MO) as a dividend stock recommended by our stock screening tool. NYSE:MO maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

How do we evaluate the Dividend for NYSE:MO?

ChartMill assigns a Dividend Rating to every stock. This score ranges from 0 to 10 and evaluates the different dividend aspects, including the yield, the growth and sustainability. NYSE:MO scores a 7 out of 10:

• With a Yearly Dividend Yield of 7.17%, MO is a good candidate for dividend investing.
• MO's Dividend Yield is rather good when compared to the industry average which is at 4.29. MO pays more dividend than 87.50% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.20, MO pays a better dividend.
• MO has been paying a dividend for at least 10 years, so it has a reliable track record.
• MO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

Health Assessment of NYSE:MO

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, 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 4.61. 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 4.61, MO belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
• The Debt to FCF ratio of MO is 2.96, which is a good value as it means it would take MO, 2.96 years of fcf income to pay off all of its debts.
• MO's Debt to FCF ratio of 2.96 is amongst the best of the industry. MO outperforms 100.00% of its industry peers.

What does the Profitability looks like for NYSE:MO

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:MO, the assigned 8 is a significant indicator of profitability:

• MO's Return On Assets of 30.03% is amongst the best of the industry. MO outperforms 100.00% of its industry peers.
• With an excellent Return On Invested Capital value of 33.68%, MO belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
• The last Return On Invested Capital (33.68%) for MO is above the 3 year average (31.67%), which is a sign of increasing profitability.
• MO has a Profit Margin of 42.72%. This is amongst the best in the industry. MO outperforms 100.00% of its industry peers.
• In the last couple of years the Profit Margin of MO has grown nicely.
• Looking at the Operating Margin, with a value of 48.16%, MO belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
• In the last couple of years the Operating Margin of MO has grown nicely.
• With a decent Gross Margin value of 59.12%, MO is doing good in the industry, outperforming 75.00% of the companies in the same industry.
• MO's Gross Margin has improved in the last couple of years.

More Best Dividend stocks can be found in our Best Dividend screener.

Check the latest full fundamental report of MO for a complete fundamental analysis.

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.