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Altria raises dividend for 61st time in 57 years, beats earnings, shares jump 6% in two days.

Company Fundamentals
31 Oct 2026, 15:47 WIB
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Bullish
Altria raises dividend for 61st time in 57 years, beats earnings, shares jump 6% in two days.

Altria, known for its strong dividend history, increased its dividend for the 61st time in 57 years while reporting a 1% revenue rise to $6.1 billion and a 7% EPS increase to $1.51. The company beat earnings expectations, raised its full-year earnings outlook, and saw its shares rise 6% over two days, outperforming the S&P 500. Altria's dominant cigarette brand Marlboro holds a 40% share of U.S. sales, driving most of its revenue. Despite competition challenges faced by peers like Kraft Heinz and General Mills, Altria's steady cash flow and addictive product base support its dividend growth and stock performance.

Altria's shares are currently trading at their 52-week high of USD 78.03 on Pluang, with a 1-day gain of 1.67% and a dividend yield of 5.69%. The stock shows strong investor interest, with 95% of orders on Pluang being buys as of Oct 31, 2026 20:01 WIB.

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