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The name "Altria" is claimed to come from the Latin word for "high" and was part of a trend of companies rebranding to names that previously did not exist, Accenture (previously Andersen Consulting) and Verizon being notable examples, [6] though linguist Steven Pinker suggests that in fact the name is an "egregious example" of phonesthesia ...
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The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Altria Group (NYSE: MO) has made a commitment to returning cash to shareholders. The company states it prioritizes consistently growing dividends, targeting a mid-single-digit percentage annual ...
Altria Group (NYSE: MO) has emerged as a surprising stock market winner in 2024, propelled by an impressive earnings rebound. At the time of this writing, its shares had surged by 41% this year to ...
Stodgy tobacco stock Altria Group (NYSE: MO), most known for selling Marlboro cigarettes in the U.S. and paying hefty dividends to its shareholders, has sprung to life this year.
Altria's stock is up by more than 30% over the past year, with a recent, and sizable, post-earnings jump. Is it worth this price?
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