$MO (Altria Group Inc.)

$MO {{ '2016-05-19T18:36:17+0000' | timeago}} • Announcement

$MO said it is reaffirming its guidance for FY16 adjusted diluted EPS to be in the range of $3.00-3.05, representing a growth rate of 7-9% from an adjusted diluted EPS base of $2.80 in 2015. $MO's BoD declared quarterly dividend of $0.565 per share, payable on July. 11, 2016, to the company's stockholders of record as of June 15, 2016.

$MO {{ '2017-08-24T22:54:50+0000' | timeago}} • Announcement

$MO increased its regular quarterly dividend by 8.2% to $0.66 per common share. The dividend is payable on October 10, 2017, to shareholders of record as of September 15, 2017. The ex-dividend date is September 14, 2017. The new annualized dividend rate is $2.64 per common share, representing a yield of 4.1%.

$MO {{ '2017-08-24T19:57:02+0000' | timeago}} • Announcement

$MO's BoD lifted its regular quarterly dividend by 8.2% to $0.66 per common share from the previous rate of $0.61 per share. The dividend is payable on Oct. 10, 2017 to shareholders of record as of Sept. 15, 2017. The ex-dividend date is Sept. 14, 2017. The raise is consistent with $MO's dividend payout ratio target of about 80% of adjusted EPS.

$MO {{ '2017-07-28T18:18:04+0000' | timeago}} • Webcast

$MO said the share on Marlboro for 2Q17 is down primarily because of the California effect, but other metrics continue to be strong. When looking at the income performance in the smokeable segment at more than 7% for the 1H17, despite the California increase, the company expects that they're in line with their strategy.

$MO {{ '2017-07-28T18:12:39+0000' | timeago}} • Webcast

In heated tobacco, $MO said the FDA began its substantive review of Philip Morris International's modified risk tobacco product application for IQOS in late May. The FDA published PMI's Executive Summary and research summaries to its website for public review and comment. $MO continues to work closely with PMI throughout the review process.

$MO {{ '2017-07-28T18:12:20+0000' | timeago}} • Webcast

$MO said Marlboro has a strong share in California of over 50%. Marlboro was disproportionally impacted by the tax increase contributing to its decline of 0.3 of a national retail share point in 2Q17 to 43.5%. The company expects these dynamics to continue to dampen Marlboro's share through the back half of the year.

$MO {{ '2017-07-28T17:55:41+0000' | timeago}} • Announcement

$MO issued statement in response to the FDA's tobacco regulatory plan. The company said it's important to understand that any proposed rule such as a nicotine product standard must be based on science and evidence, must not lead to unintended consequences and must be technically achievable. $MO plans to be fully engaged throughout this process.

$MO {{ '2017-07-28T17:53:54+0000' | timeago}} • Announcement

$MO issued statement in response to the FDA's tobacco regulatory plan, which seeks to lower nicotine in cigarettes to non-addictive levels. The company supported FDA regulation as it created a framework for communication about related harm products.

$MO {{ '2017-07-27T14:17:45+0000' | timeago}} • Infographic

$MO Altria Group Earnings AlphaGraphic: Q2 2017 Highlights

$MO {{ '2017-07-27T13:43:56+0000' | timeago}} • Announcement

$MO announced the expansion of its $3Bil share repurchase program to $4Bil, to be completed by the end of 2Q18. The company paid out nearly $2.4Bil in dividends and repurchasing $1.6Bil in shares in the 1H17.  As of June 30, 2017, $MO had about $335MM remaining in the previous share repurchase program.

$MO {{ '2017-07-27T13:39:58+0000' | timeago}} • Announcement

$MO said the smokeless products segment delivered strong results in 2Q17 as it rebounded from the effects of the 1Q recall. Smokeless products segment net revenues increased 7.8% in the quarter, primarily driven by higher pricing and volume, partially offset by unfavorable mix.

$MO {{ '2017-07-27T13:28:21+0000' | timeago}} • Announcement

$MO said total cigarette industry volumes declined by an estimated 4.5%, in part due to the large cigarette excise tax increase in California. The smokeable products segment's reported domestic cigarettes shipment volume declined by 2.9% in 2Q17, primarily driven by the industry’s rate of decline.

$MO {{ '2017-07-27T13:26:52+0000' | timeago}} • Announcement

$MO's smokeable products segment delivered strong income growth in 2Q17 despite a large cigarette excise tax increase in California, which negatively impacted volume and retail share in the second quarter. Smokeable products segment net revenues rose by 1.6%, as higher pricing was partially offset by lower volume and higher promotional investments.

$MO {{ '2017-07-27T13:25:02+0000' | timeago}} • Announcement

$MO's EPS for 2Q17 increased 22.6% from last year. This was primarily driven by a higher gain on the $BUD/SABMiller business combination, favorable tax items and higher reported OCI in the smokeable products segment, partially offset by lower equity earnings from Altria's beer investment.

$MO {{ '2017-07-27T13:19:57+0000' | timeago}} • Announcement

$MO, which competes with $PM and $BTI, reaffirmed its 2017 adjusted EPS guidance of $3.26-3.32. This range represents a growth rate of 7.5-9.5% from an adjusted diluted EPS base of $3.03 in 2016. $MO still sees 2017 effective tax rate on operations of about 36%. $MO still expects higher adjusted diluted EPS growth in 2H17 compared to 1H.

$MO {{ '2017-07-27T13:07:20+0000' | timeago}} • Announcement

Tobacco products maker $MO reported 20.3% jump in 2Q17 earnings on strong income growth in smokeable products segment and smokeless products segment has largely rebounded. Net income grew to $1.99Bil or $1.03 per share from $1.65Bil or $0.84 per share last year. Revenue rose 2.2% to $6.66Bil. Adjusted EPS increased 4.9% to $0.85.

$MO {{ '2017-05-18T18:28:25+0000' | timeago}} • Announcement

During the annual meeting of shareholders, $MO reaffirmed FY17 guidance for adjusted diluted EPS, which excludes special items, to be in a range of $3.26 to $3.32.

$MO {{ '2017-05-18T18:26:45+0000' | timeago}} • Announcement

$MO declared a regular quarterly dividend of $0.61 per share, payable on July 10, 2017, to shareholders of record as of June 15, 2017. The ex-dividend date is June 13, 2017.

$MO {{ '2017-05-02T16:26:04+0000' | timeago}} • Infographic

$MO Altria Group Inc. Earnings AlphaGraphics: Q1 2017 highlights

$MO {{ '2017-05-02T14:05:15+0000' | timeago}} • Webcast

$MO stated that from its consumer standpoint, it is seeing the cigarette environment largely constructive for them considering the unemployment rates, housing starts or consumer confidence. The company is not seeing the softening for its consumer set currently as like others.

$MO {{ '2017-05-02T13:57:21+0000' | timeago}} • Webcast

$MO said that in the cigar category, it participates in the tipped segment and has a large market share there, which is why the company is running for profitability in that category. In the untipped segment, there is price war going on where there is volume competition, but at a low profitability. Therefore, $MO doesn’t participate in untipped.

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