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On March 30, 2007, Altria's 88.1% stake in Kraft Foods was spun off, through a distribution of the remaining stake of shares (88.1%) to Altria shareholders. That same year, Altria began selling all its shares of Philip Morris International to Altria stockholders, a spin-off that was completed on March 28, 2008.
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Turning now to share dynamics. Total discount segment share grew by 1.7 share points in the fourth quarter and by 1.3 share points for the full year, with most of the growth coming from deep discount.
Altria's stock is up by more than 30% over the past year, with a recent, and sizable, post-earnings jump. ... Shares of Altria (NYSE: MO) have had a great run over the past year, gaining more than ...
Altria Group (NYSE:MO) shares are trading higher on Thursday. The company reported third-quarter adjusted earnings per share of $1.38, beating the street view of $1.35. Quarterly sales of $5.334 ...
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That works out to $4.08 per year for each share of Altria stock. Dividing the $500 by $4.08 equals about 123 shares, assuming the board of directors pays the same dividend rate.