Is Altria's 7.3% Dividend Secure? This Key Factor Will Be Crucial in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2025
0mins
Source: NASDAQ.COM
Altria's Dividend Performance: Altria has maintained a strong dividend history, yielding 7.3%, despite a declining cigarette business and slow growth, with expectations of a 3% annual earnings growth over the next few years.
Market Position and Risks: The company's heavy reliance on traditional cigarettes, which accounted for over 88% of its revenue, poses a risk as competitors shift towards smoke-free products, potentially leading to a loss of market share.
Financial Stability: Altria's financial health remains solid, supported by regular price increases on cigarettes and a significant stake in Anheuser-Busch InBev, which could provide liquidity if needed.
Investor Caution: While dividends are expected to continue, long-term investors should monitor Altria's transition away from cigarettes, as the tobacco industry evolves and competition increases in the smoke-free product market.
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Analyst Views on BUD
Wall Street analysts forecast BUD stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 80.200
Low
75.00
Averages
75.00
High
75.00
Current: 80.200
Low
75.00
Averages
75.00
High
75.00
About BUD
Anheuser-Busch Inbev SA is a Belgium-based company. The Company is primarily engaged in the manufacturing of beer. The Company operates through six segments: North America, Middle Americas, South America, EMEA, Asia Pacific, Global Export and Holding companies. The Company's brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck's, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler. The Company's soft drinks business consists of both own production and agreements with PepsiCo related to bottling and distribution arrangements between its various subsidiaries and PepsiCo. Ambev, which is a subsidiary of the Company, is a PepsiCo bottler. Brands that are distributed under these agreements are Pepsi, 7UP and Gatorade.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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