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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 ...
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 ...
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.
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 ...
Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) 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. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of ...
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July 31, 2024 at 1:56 PM. 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 ...
The magic of Altria stock is that it doesn't need much growth to provide solid investment returns. The company's famous dividend yields 8.6% today, almost what the broader market returns in an ...