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In mid-August, Altria declared its latest dividend raise. It decided to lift the quarterly payout by 4% to $1.02 per share, which pumps the forward yield up to 7.7% on the most recent closing ...
Image source: Getty Images. Should you buy Altria stock right now? Altria currently trades at a price-to-earnings (P/E) ratio of about 9.1. By comparison, the P/E ratio of the S&P 500 is roughly 28.
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 ...
Altria Group, Inc. 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 ...
Before you buy Altria stock for the income stream it can create, step back and consider these three facts. 1. Altria's most important business is in decline. In the first quarter of 2024, Altria's ...
The stock is best avoided. 2. Altria (dividend yield: 7.9%) ... The good news is that Ford's other divisions, its combustion vehicle division, and its commercial vehicles, remain highly profitable ...
Philip Morris USA is an American tobacco company. They are a division of the American tobacco corporation Altria Group. It has been the leading cigarette manufacturer in the U.S. since the late 20th century. Its major brands include Marlboro, Virginia Slims, Benson & Hedges, Merit, and Parliament. The company was incorporated in New York City ...
Altria stock, meanwhile, is up by only 40% over that time period. ... In 1980, the average price of a pack of cigarettes was less than $0.50. By 2012, the average price had exceeded $5 per pack ...
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