Valuentum Exclusive Analysis for the Discerning Investor

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Apr 12, 2024

Dividend Increases/Decreases for the Week of April 12
Let's take a look at firms raising/lowering their dividends this week.

Mar 8, 2024

Dividend Increases/Decreases for the Week of March 8
Let's take a look at firms raising/lowering their dividends this week.

Feb 9, 2024

Dividend Increases/Decreases for the Week of February 9
Let's take a look at firms raising/lowering their dividends this week.

Jan 12, 2024

Dividend Increases/Decreases for the Week of January 12
Let's take a look at firms raising/lowering their dividends this week.

Dec 8, 2023

Dividend Increases/Decreases for the Week of December 8
Let's take a look at firms raising/lowering their dividends this week.

Nov 3, 2023

Dividend Increases/Decreases for the Week of November 3
Let's take a look at firms raising/lowering their dividends this week.

Oct 26, 2023

Brief Take: Altria’s 10% Dividend Yield Is Too Hard to Pass Up
Altria Group’s forward estimated 10% dividend yield is too hard to pass up as it is comfortably covered by traditional free cash flow. The tobacco giant reported third-quarter 2023 results on October 26 that showcased how its asset-light business model continues to throw off tons of cash. Traditional free cash flow generation came in at ~$5.9 billion during the first nine months of 2023, while cash dividends paid came in at ~$5 billion, resulting in a very nice free cash flow cushion on a ~10%-yielding stock. Though revenue growth at Altria remains under pressure, gross profit continues to move in the right direction. Altria has raised its dividend 58 times during the past 54 years, and the firm continues to target mid-single-digit dividend growth annually. For income investors that aren’t worried about ESG-related criteria, Altria could make for a great diversifier in a high-yield dividend income portfolio. Our fair value estimate stands north of $60 per share (shares are trading under $40 at the time of this writing).

Sep 8, 2023

Dividend Increases/Decreases for the Week of September 8
Let's take a look at firms raising/lowering their dividends this week.

Aug 4, 2023

Dividend Increases/Decreases for the Week of August 4
Let's take a look at firms raising/lowering their dividends this week.

Jul 7, 2023

Dividend Increases/Decreases for the Week of July 7
Let's take a look at firms raising/lowering their dividends this week.