The Altria Absurdity: Yield Approaching P/E (NYSE:MO)

From time to time, market sentiment creates very absurd situations. And I found Altria (NYSE:MO) currently in such a situation. Its FWD dividend yield currently stands at 8.29% as you can see from the chart below, approaching its FY1 P/E of 9.4x and almost on par with its FY3 P/E of 8.69x. To…#eps #apple #juul #fwdevebitda #ukraine #fda #smokeableproducts #fwd #fw

Source: Reuters: Health - January 7, 2023 Category: Consumer Health News Source Type: news