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Altria's (NYSE: MO) large 7.9% dividend yield is probably the key thing that will attract investors to the stock today. However, in the consumer staples space, yields don't often get that high ...
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.
With shares up 24% just since April's low, the idea of stepping into a new stake in Altria Group (NYSE: MO) right now could be more than a little intimidating. Making the idea even more daunting ...
On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business". [71] The split was structured so that the old Kraft Foods changed its name to Mondelez International and spun off Kraft Foods Group as a new publicly ...
Over the last decade, for instance, Altria stock has delivered a 120% total return, while S&P 500 investors enjoyed gains of 238%. This handicap makes Altria stock a buy for some, but not all.
Print/export Download as PDF; ... Kraft Foods‎ (2 C, ... (2 C, 12 P) Pages in category "Former Altria subsidiaries" The following 2 pages are in this category, out ...
The stock of Altria (NYSE: MO) was losing ground Wednesday following the tobacco company's recent quarterly report. Its share price was down 4.3% as of 12:30 p.m. ET today, according to data from ...
But how much of an investment would it take to secure $500 of annual dividend income owning just Altria stock? Getting to $500 a year. Altria shares yield just over 9% at today's prices. That ...