A pair of companies that have been paying dividends for decades offer yields above 6% at recent prices. AT&T's telephone business is down, but its broadband internet services keep offsetting the losses.
On 6/14/24, Coca-Cola, Altria Group, and Meta Platforms will all trade ex-dividend for their respective upcoming dividends. Coca-Cola will pay its quarterly dividend of $0.485 on 7/1/24, Altria Group will pay its quarterly dividend of $0.98 on 7/10/24, and Meta Platforms will pay its quarterly dividend of $0.50 on 6/26/24.
Altria (MO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Altria spent years unwinding a high valuation that imploded with its Juul investment. The dividend remains the crown jewel.
The jury is still out on the safety of the chemical additives that go into the popular devices.
Altria currently offers an 8.4% dividend yield. The company is struggling against significant headwinds for cigarette sales.
Walgreens Boots Alliance cut its dividend earlier this year, but even with the new payout, its yield remains high. Altria faces a challenging road ahead as tobacco use declines, but the company's dividend still looks safe right now.
The US Food and Drug Administration (FDA) is rescinding an order that blocked the sale of Juul's products, including its e-cigarettes. The FDA in June 2022 banned all of Juul's products in the US, including the Juul device and four types of flavored Juul pods, on the basis that there was not sufficient evidence the marketing of the products would be appropriate for the protection of public health.
The U.S. Food and Drug Administration said Thursday that it has rescinded its 2022 orders blocking the marketing of Juul Labs Inc.'s e-cigarette products in the U.S.
The Food and Drug Administration rescinded its ban on Juul Lab's e-cigarette products Thursday—placing them back under scientific review—nearly two years after ordering a ban that was halted pending the company's appeal.
The U.S. Food and Drug Administration (FDA) said on Thursday it was rescinding a June 2022 order that briefly blocked sale of Juul's products, including its device for e-cigarettes.
Altria NYSE: MO is among the leading sin stocks but is still a good dividend play today. Up more than 17.5% in the last few weeks, the purveyor of tobacco products is on track to reclaim the high end of a long-term trading range and possibly set new highs.