Why NYSE:MO is a Top Pick for Dividend Investors.

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.

Dividend Analysis for NYSE:MO

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NYSE:MO has achieved a 8 out of 10:

• MO has a Yearly Dividend Yield of 9.82%, which is a nice return.
• Compared to an average industry Dividend Yield of 6.85, MO pays a better dividend. On top of this MO pays more dividend than 100.00% of the companies listed in the same industry.
• MO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.78.
• The dividend of MO is nicely growing with an annual growth rate of 7.90%!
• 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

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:MO has achieved a 5 out of 10:

• MO has an Altman-Z score of 3.79. This indicates that MO is financially healthy and has little risk of bankruptcy at the moment.
• MO's Altman-Z score of 3.79 is amongst the best of the industry. MO outperforms 90.00% of its industry peers.
• MO has a debt to FCF ratio of 2.96. This is a good value and a sign of high solvency as MO would need 2.96 years to pay back of all of its debts.
• Looking at the Debt to FCF ratio, with a value of 2.96, MO belongs to the top 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 (23.98%) is better than 100.00% of its industry peers.
• MO has a Return On Invested Capital of 33.11%. This is amongst the best in the industry. MO outperforms 100.00% of its industry peers.
• The Average Return On Invested Capital over the past 3 years for MO is significantly above the industry average of 19.98%.
• The 3 year average ROIC (26.57%) for MO is below the current ROIC(33.11%), indicating increased profibility in the last year.
• MO has a better Profit Margin (35.52%) than 100.00% of its industry peers.
• Looking at the Operating Margin, with a value of 49.17%, MO belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
• MO's Operating Margin has improved in the last couple of years.
• Looking at the Gross Margin, with a value of 57.97%, MO is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
• MO's Gross Margin has improved in the last couple of years.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

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

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.