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Wall Street's Most Accurate Analysts Say Hold These 3 Risk Off Stocks Delivering High-Dividend Yields - Altria Group (NYSE:MO), Medifast (NYSE:MED)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

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Wall Street's Most Accurate Analysts Say Hold These 3 Defensive Stocks With Over 5% Dividend Yields - Altria Group (NYSE:MO), Medifast (NYSE:MED)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

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Cannabis Client Alert - Week of July 12, 2021 | Dentons

Cannabis Client Alert - Week of July 12, 2021 | Dentons
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Secretive Dart Surfaces With $6.7 Billion Wager on Tobacco

Secretive Dart Surfaces With $6.7 Billion Wager on Tobacco
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Altria Group (MO) Q1 2021 Earnings Call Transcript


Altria Group (MO) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
Logo of jester cap with thought bubble.
Altria Group (NYSE: MO)
Good day, and welcome to the Altria Group 2021 first-quarter earnings conference call. Today's call is scheduled to last about one hour, including remarks by Altria's management and a question-and-answer session. [Operator instructions] Representatives of the investment community and media on the call will be able to ask questions following the conclusion of the prepared remarks. I would now like to turn the call over to Mac Livingston, vice president of investor relations for Altria client services.

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FDA Plans to Ban Menthol Cigarettes After Suit Raised Race Issue


Apr 29 2021, 11:35 PM
April 29 2021, 7:36 PM
April 29 2021, 11:35 PM
(Bloomberg) -- The U.S. Food and Drug Administration has moved to ban the sale of menthol cigarettes, citing their disproportionate effect on the health of African Americans.
(Bloomberg) -- The U.S. Food and Drug Administration has moved to ban the sale of menthol cigarettes, citing their disproportionate effect on the health of African Americans.
The decision infuriated tobacco companies but delighted anti-tobacco activists and public-health advocates.
In its announcement Thursday, the FDA said it’s “working toward issuing proposed product standards within the next year to ban menthol” as a flavor in cigarettes. It also plans to ban all flavors, including menthol, in cigars. The agency will allow an opportunity for public comment, and a ban would likely take years to take effect.

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FDA plans to ban menthol cigarettes, citing minority impact


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Philip Morris International Inc (PM) Q1 2021 Earnings Call Transcript


Operator
Good day, and welcome to the Philip Morris International First Quarter 2021 Year-End Earnings Conference Call. Today's call is scheduled to last about one hour including remarks by Philip Morris International management and the question-and-answer session. [Operator Instructions] Media representatives on the call will also be invited to ask questions at the conclusion of questions from the investment community.
I will now turn the call over to Mr. Nick Rolli, Vice President of Investor Relations and Financial Communications. Please go ahead, sir.
Nicholas Rolli --
Vice President, Investor Relations And Financial Communications
Welcome, and thank you for joining us. Earlier today, we issued a press release containing detailed information on our 2021 first quarter results. You may access the release on www.pmi.com or the PMI IR app. A glossary of terms, including the definition for Reduced Risk Products or RRPs, as well as adjustments other calculations and reconciliations to the most directly comparable US GAAP measures, and additional heated tobacco unit market share data are at the end of today's webcast slides, which are posted to the website. Unless otherwise stated, all references to IQOS are to our IQOS heat-not-burn products. All references to smoke-free products are to our RRPs. Please also note that growth rates presented on an organic basis reflect currency-neutral underlying results.

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Cigarette Makers Plunge on News That U.S. May Curb Nicotine


Apr 20 2021, 3:04 PM
April 20 2021, 1:04 AM
April 20 2021, 3:04 PM
(Bloomberg) -- Tobacco stocks plunged after a report said the U.S. government may only allow cigarettes with nicotine levels so low they’d no longer be addictive.
(Bloomberg) -- Tobacco stocks plunged after a report said the U.S. government may only allow cigarettes with nicotine levels so low they’d no longer be addictive.
The U.S. Food and Drug Administration could also move to ban menthol cigarettes as the Biden administration considers imposing requirements to lower nicotine content, the Wall Street Journal reported, citing people familiar with the matter.
Marlboro producer Altria Group Inc. lost almost $6 billion in market value Monday, while British American Tobacco Plc dropped as much as 7.3% in London early Tuesday. Analysts estimate the maker of Lucky Strike cigarettes gets a quarter to a third of its earnings from menthol brands such as Newport.

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