Altria Group, Inc. (MO) is scheduled to report second-quarter 2024 earnings on Jul 31. The Zacks Consensus Estimate for revenues is pegged at $5.43 billion, which indicates a 0.2% dip from the year-ago period. Image Source: Zacks Investment ResearchHowever, the bottom line is likely to have increased year over year. The consensus mark for earnings has remained unchanged in the past 30 days at $1.35 per share, which implies 3.1% growth from the year-ago quarter’s figure. MO has a trailing four-quarter negati ...

Altria is a Dividend King with an 8% yield.It's generally not a bad idea to allocate some portion of your portfolio to dividend stocks. Dividends are a great source of passive income and can help mitigate volatility in your portfolio that you might experience from growth stocks.One of the safest dividend stocks is tobacco company Altria (MO 1.26%). It's a member of an exclusive club called the Dividend Kings: companies that have grown their dividend payment annually for at least 50 consecutive years.Let's d ...

Altria Group, Inc. (MO) , a leading player in the tobacco industry, recently reached a 52-week high, sparking significant interest among investors. This milestone raises an important question: should investors lock in their gains now or maintain their positions for potential future upside?Altria's shares peaked at $50.47 before settling at $49.80 by the end of the trading session on Jul 25, 2024. Driven by its robust fundamentals and attractive dividend payouts, this tobacco giant has outpaced the industry ...

Altria (MO) ended the recent trading session at $49.45, demonstrating a +0.24% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.71%. Elsewhere, the Dow saw a downswing of 0.93%, while the tech-heavy Nasdaq depreciated by 0.81%.The owner of Philip Morris USA, the nation's largest cigarette maker's shares have seen an increase of 8.58% over the last month, surpassing the Consumer Staples sector's gain of 2.17% and the S&P 500's gain of 1.08%. ...

natasaadzic MO stock: cigarette volume and dividend yield I last wrote on Altria Group, Inc. (NYSE:MO) three months ago. The article was titled “Can't Argue With Its 10% Dividend Yield” and was published by Seeking Alpha on April 17, 2024, as seen in the screenshot below. In that article, as the title suggested, I focused on its dividend yields. More specifically, I argued that: Altria Group currently has a dividend yield of 9.55%, which is above its historical average and among the highest levels in a ...

A tobacco company and a pharmacy chain both offer enormous dividend yields, but that doesn't necessarily mean they're right for your portfolio.If you're looking for dividend stocks that can turn a modest investment into a significant source of passive income, you may want to turn your attention to the S&P 500 index. At the moment, a pair of its components, Altria Group (MO -0.02%) and Walgreens Boots Alliance (WBA 1.74%), offer mind-blowing dividend yields of about 8.2% and higher.Stocks rarely offer yields ...

If cash flow is most important to your financial or investment strategy, finding dividend stocks with the highest yields is likely a top priority. But I’d warn prospective income investors to avoid specific sectors, even if the yields seem top-notch. Specifically, REITs, business development companies (BDCs) and some high-yield ETFs like the Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) may seem a high-yield dream but often have unforeseen pitfalls and risks that present problems down the road. If you ...

You can bank these 6% to 8% dividend yields and sleep well at night.Dividends are a great investment strategy for retirees or anyone else looking for passive income that can pay their bills.But be careful: Chasing sky-high dividend yields is one of the classic mistakes investors often make. Higher yields mean more income for your money, but really high yields are usually a warning sign of trouble within a company. Remember, a dividend is only good if the company can pay it.Fortunately, some excellent ultra- ...

Why this high-yield stock could be a bargain.Income-oriented investors tend to be attracted to Altria Group (MO 0.20%) 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 quarter of this year. That could be about to change, though, with more growth set to come from Altria's NJOY business following a recent positive announcement fr ...

Investors are giving this company too big a discount.Investors love tobacco stocks because of their high dividend yields and growing dividend payouts. Long-term shareholders in these companies have made a fortune by simply holding and watching the dividend payments pile up in their accounts.Today, Altria Group (MO 0.20%) has a dividend yield of 8.43%. The United States-focused tobacco giant can generate $1,000 in annual dividend income for investors who buy $11,862 worth of stock right now. But is this divi ...