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Altria (MO) Delivers Q2 Beat Driven by Nicotine Pouch Demand

Altria Group, Inc. (NYSE:MO) is one of the best dividend stocks to buy. On July 30, Altria reported Q2 revenue and profit above analysts’ estimates, driven by high demand for its on! nicotine pouches. To compensate for falling sales of traditional cigarettes and chewing tobacco, the American Marlboro maker has been pushing its smoking alternatives, including nicotine pouches. Altria’s NJOY vape sales were suspended earlier this year amid a patent fight, yet the on! segment’s growth helped balance out the ...