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Altria Group, Inc. (previously known as Philip Morris Companies, Inc. until 2003) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and medical products in the treatment of illnesses caused by tobacco.
If Altria Group continues increasing payments, you'd receive more than $500 per year. The 123 shares would cost more than $6,400, based on the stock's closing price on Dec. 31, 2024.
Over the past decade, Altria's annual revenue has grown just 13%, but free cash flow, which pays the dividend, has nearly doubled: MO Revenue (TTM) Chart Data by YCharts .
Altria stock appears to offer a reliable 8% dividend yield. Is it too good to be true?
Altria Group v. Good , 555 U.S. 70 (2008), was a United States Supreme Court case in which the Court held that a state law prohibiting deceptive tobacco advertising was not preempted by a federal law regulating cigarette advertising.
Altria (NYSE: MO) is a giant in the cigarette business, with its iconic Marlboro brand holding a huge 42% share of the North American cigarette market and a 59.4% share in the premium space. In ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Altria Group bought a 35% stake in vaping startup JUUL for $12.8 billion back in December 2018.Following the news, RBC Capital’s Nik Modi commented “Altria has written down the value of JUUL ...