Summary
- Altria Group is still #1 for cigarettes (think Marlboro) and #2 for cigars.
- Total cigarette volumes have decreased 5.5% from the previous year.
- Altria is entering into the booming vaping and marijuana markets.
- Will this new business transition offer a huge payoff for long-term dividend investors?
- Factual evidence tells about the real value vs. stock price.
- This idea was discussed in more depth with members of my private investing community, Good Stocks@Bargain Prices. Get started today »
Altria Group, Inc. (NYSE:MO) is a leading manufacturer and seller of cigarettes, cigars, pipe tobacco, smokeless tobacco, and wine. It's comprised of Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Ste. Michelle Wine Estates, Nu Mark, and Philip Morris Capital. It also holds a 10.5% interest in the world's largest brewer, AB InBev (NYSE:BUD). Altria is considered the number one seller of cigarettes and smokeless tobacco in the USA and number two for machine-made cigars. Marlboro is the company's leading cigarette brand.
Here is an approximate revenue breakdown of the company:
