My Biggest Red Flag About This Dividend King
Tobacco giant Altria Group (NYSE: MO) recently gave investors an updated look at the company when it held an investor event in late March. Company management laid out some goals for 2028, though shareholders might have left the event with some unanswered questions. Altria followed this up with its first-quarter earnings report about a month later. This too was lacking some substance that some investors are looking for.
This investor doubt suggests the problems are getting bigger for this Dividend King. No, Altria's dividend isn't in trouble. For some investors, that's good enough. But Altria's lack of direction should make investors at least wonder if their hard-earned capital is better held elsewhere.
Here is what you need to know about this glaring red flag.
Source Fool.com
