Income-oriented investors tend to be attracted to Altria Group (NYSE: MO) due to its high yield of 8.6% and long history of increasing its dividend every year since 2009. However, revenue growth has been difficult to come by for the company, with sales down each of the past two years as well as the first […]
Investors looking for high-yield dividend stocks that can raise their payouts further may want to look at the telecommunications and tobacco industries. Shares of telecommunications giant AT&T (NYSE: T) offer an eye-popping dividend yield above 6% at recent prices. Altria Group (NYSE: MO) has been offering an even higher yield to investors willing to take a […]
Exploring the Sustainability and Growth of Altria Group Inc’s Dividends Altria Group Inc (NYSE:MO) recently announced a dividend of $0.98 per share, set to be paid on July 10, 2024, with shareholders needing to own the stock by June 14, 2024, to be eligible. As this date approaches, it’s an opportune moment to delve into […]
How To Earn $500 A Month From Altria Group Stock Altria Group, Inc. (NYSE:MO) shares closed slightly higher during Friday’s session. On May 16, the company’s board declared a regular quarterly dividend of 98 cents per share, payable on July 10, to shareholders of record as of June 14. On April 25, Altria Group reported […]
Tortoise-like tobacco giant Altria Group (NYSE: MO) has been uncharacteristically hot this year. Shares are up over 15% in 2024, an uncommon surge given the stock’s poor share price performance over the past five years. The reason for the stock’s run? It could be that Altria put its disastrous Juul investment in the rearview mirror, […]
Altria (NYSE: MO) is a consumer products maker with an industry-leading position, a long history of increasing its dividend annually, and a huge 8.5% dividend yield. There are things to like here and, on the surface, it would seem like this could be a millionaire-maker stock. But there are big risks that investors need to […]
Altria (NYSE: MO) is commonly regarded as a defensive stock. That is, when you want to play defense against a potential bear market, this is the type of stock you want to own. No one knows exactly where markets will head from here. But if you want to protect your nest egg, keep reading. Make […]
Altria (NYSE: MO) pays one of the most generous dividends on the stock market today. The tobacco giant has sent $32 billion to shareholders through these payments over the past five years, in fact, even as it spent aggressively on stock repurchases. The dividend yield on the stock is extremely high, partly because the company […]
Altria Group (NYSE: MO) is an incredible stock. Since 1990, shares have delivered a total return of 124,000%. The S&P 500, for comparison, delivered a total return of just 2,900% over that time period. There’s just one problem: Altria stock has lagged the market by nearly 25% this year. That’s a problem for previous investors, […]
While ethical investors may opt to steer clear, top tobacco stock Altria Group (MO) currently boasts the highest dividend in the S&P 500 with a smoking-hot yield. X Altria, best known for its iconic Marlboro cigarettes, was formed from a 2007 spinoff from Philip Morris (PM). Altria took control of U.S. tobacco interests, prioritizing dividend […]
(Reuters) – Altria Group topped quarterly sales expectations on Thursday, driven by higher pricing and rising demand for alternatives to conventional tobacco products. Like other tobacco giants, Altria has been revamping its portfolio of products to keep up with consumers switching from traditional tobacco products to vapes or other alternatives and as inflation-hit smokers switched […]
Cigarette smoking has been in decline for decades, but that hasn’t stopped Altria Group (NYSE: MO) from making heaps of dividend payments to satisfied shareholders. The company behind the leading Marlboro brand raised its quarterly payout 58 times over the past 54 years. In 2023, Altria distributed about $6.8 billion worth of dividend payments. The […]