Altria Group, Inc. (MO)
The Best Stock to Own in a Market Sell-Off
24/7 Wall St. Insights On days when the market sells off, Altria Group Inc.
Altria's Focus on Smoke-Free Products Aids Amid Soft Cigarette Volumes
Altria is benefiting from its shift toward smoke-free products. This, along with pricing power, is aiding MO amid low cigarette volumes.
This Ultra High-Yield Dividend Stock Just Raised Its Payout. Should You Buy?
A habitual raiser, this cigarette sector incumbent upped its payout by 4%. Its yield currently approaches 8%.
Should You Buy the 3 Highest-Yielding Dividend Stocks in the S&P 500?
Walgreens is resetting its business, including a decision to close a large number of stores. Altria is a large U.S. cigarette maker trying to find a new growth engine.
Altria (MO) Advances But Underperforms Market: Key Facts
In the most recent trading session, Altria (MO) closed at $53.77, indicating a +0.77% shift from the previous trading day.
Altria (MO) Up 6.7% Since Last Earnings Report: Can It Continue?
Altria (MO) reported earnings 30 days ago. What's next for the stock?
Altria Rallies 15% in 3 Months: Should You Buy, Hold or Sell MO Stock?
Altria's push into smoke-free products presents promising growth opportunities, but the ongoing decline in its cigarette business poses challenges for MO stock.
This 7.7%-Yielding Sin Stock Just Increased Its Dividend Payment
Altria has a long history of raising dividend payments during the past 50 years. The company is exploring new areas of growth outside of traditional tobacco products.
Altria: Trimming Due To Portfolio Concerns, But Dividend Well Covered
Altria Group achieved its 55th consecutive year of dividend increases, with quarterly dividends tripling since the 2008 spin-off. MO's high dividend yield of ~8% raises questions about sustainability, but financial metrics indicate strong coverage and potential for growth. I am trimming my position in this stock but will remain a loyal shareholder.
Tobacco stocks are killing it in 2024: Altria is a bargain
Tobacco stocks are doing well this year, even as most of them record slowing revenue growth metrics. Altria (MO) stock has jumped by over 32% while British American Tobacco (BAT) has risen by 24%.
Solid Operational Performance, Low Valuation, And High Dividend Yield Make Altria Stock Attractive
Altria Group announced a 4% increase in its quarterly dividend, maintaining a high dividend yield of 7.8%. MO shares have outperformed the market, with a 20% return in the past five months, driven by its resilience to economic downturns. The company's solid operational performance, low valuation, and high dividend yield make it an attractive investment option for income-oriented investors.
Altria Boosts Dividend For 55th Straight Year; Yield Now Nearly 8%
The cigarette maker has one of the highest dividend rates in the S&P 500.
