Altria Looks Smoking With Fat Dividen...

Altria Looks Smoking With Fat Dividend, Stock Could Clear $30 On Earnings

There are 2 comments on the Forbes.com story from Oct 14, 2011, titled Altria Looks Smoking With Fat Dividend, Stock Could Clear $30 On Earnings. In it, Forbes.com reports that:

Altria Group releases its Q3 earnings on October 27. As the largest tobacco company in the U.S. with leading brands, its strong pricing power and product mix continue to be the key sources of value creation.

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jon

Eatontown, NJ

#1 Oct 15, 2011
absolutely.
Hugh Jass

Nashville, TN

#2 Oct 15, 2011
"value creation"?

The value of the stock, perhaps. The value of their product is that much more clearly the addiction of their customer base, since people are buying far fewer cigarettes and yet they are able to increase profits by raising the cost per cigarette.

Ask housing owners/managers about the "value creation" associated with the product. Ask the customers who want to quit but can't and so have to continue to shell out sheckels enough to float this kind of profitability how much value is created by the product.

A truly obscene thing is that so many health insurance companies have large holdings in tobacco.

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