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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 ...
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 ...
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 ...
In 2001, Kraft Foods launched an initial public offering (IPO) for 11.1% of the company that took in $8.7 billion, making it the second-largest IPO in American history at the time. [ 9 ] In 2002, Miller Brewing and South African Breweries became SABMiller , the second-largest maker of beer in the world, though Philip Morris kept an interest in ...
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Altria (NYSE: MO) certainly fits the bill here, and the stock had an incredible run of almost 50 years. Through 2014, it delivered an average annual total return of 20.6%, according to Wharton ...
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