By Rob Otman Income investors seek a steady stream of dividends. Altria’s dividend history is long and steady, but it could now be in jeopardy. With the FDA responding to vaping related fatalities, Altria’s stock has been beaten down. Let’s take a look at the business, dividend history, and payout safety going forward.
Business Overview and Highlights
Altria (NYSE: MO) is a $77 billion business. The company is based out of Richmond, Virginia and it employs 8,300 thousand people. Last year Altria pulled in $20 billion in sales and that works out to $2.4 million per employee.
The company operates within the consumer sector and maintains …read more
