I usually run a screen using my entry criteria over the list of dividend champions regularly. I do this in order to find attractive companies for further research, which could then be added to my portfolio. I ran the screen a few weeks ago for the dividend champions list, which identified approximately fourteen companies for further research. One reader asked me why I hadn't included Altria (NYSE:MO) in the list. Check my latest analysis of Altria for more information about the company.
This was a very good question. So good, I decided to write a short post about it.
If you look at a place like Yahoo Finance, or Google Finance, you can see that Altria has a P/E ratio of 11. So this means that this amazing company is cheap, doesn't it?