Altria shares continue to lose value: What is the status of the iconic cigarette company?

Altria shares are in a negative annual trend, despite their high dividend. The cigarette company's current figures show that analysts' expectations were not met. Earnings per share were below expectations and sales fell compared to the previous year. In addition, high debt and unsuccessful investments are weighing on the company. This is also reflected in the chart price, which is currently showing a clear downward movement and could soon test the low of $41.

As an economic expert, I advise investors to reconsider their position in Altria. Although the stock is cheaply valued and offers a high dividend yield, the company has a major disadvantage compared to other industry players who also focus on international markets. Investors should therefore look for better investment opportunities in the tobacco sector and not be blinded by the company's dividend.

Source: According to a report from www.sharedeals.de