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Tobacco giant Altria Group (NYSE: MO), a traditionally slow and stodgy stock, saw its share price soar nearly 30% in 2024, and that increase doesn't include the stock's legendary, high-yield ...
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.
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.The stock has ...
Altria Group (NYSE: MO) has emerged as a surprising stock market winner in 2024, propelled by an impressive earnings rebound. ... and execute a long-term strategy have a good reason to buy or hold ...
Shares of Altria (NYSE: MO) have had a great run over the past year, gaining more than 30% in value. Third-quarter 2024 earnings got investors particularly excited, with the stock rallying sharply ...
Altria business faces tough challenges, but it pays hefty dividends.
Dividend investors are the most likely kind of investor to be attracted to Altria thanks to the stock's huge 7.3% dividend yield. In Altria's case the problem is pretty simple.
At its current price, that gives it a dividend yield of 8.75%, meaning investors would have to invest $11,430 to receive $1,000 per year. That yield is nearly 7 times the S&P 500 's average of 1.3%.