Altria stock has busted out of a five-year slump.Tortoise-like tobacco giant Altria Group (MO -0.45%) has been uncharacteristically hot this year. Shares are up over 15% in 2024, an uncommon surge given the stock's poor share price performance over the past five years.The reason for the stock's run? It could be that Altria put its disastrous Juul investment in the rearview mirror, giving investors a chance to focus on what's still a very resilient core business that revolves around its blue chip smokeable b ...

Loading...Loading...Altria Group, Inc. MO shares closed slightly higher during Friday's session.On May 16, the company's board declared a regular quarterly dividend of 98 cents per share, payable on July 10, to shareholders of record as of June 14.On April 25, Altria Group reported a first-quarter FY24 sales decline of 2.5% year-over-year to $5.58 billion. It beat the analyst consensus estimate of $4.71 billion.With the recent buzz around Altria Group, some investors may be eyeing potential gains from the c ...

The fate of Juul e-cigarettes has been hanging in the balance for the last few years as the US Food and Drug Administration reviews the company's products to determine if they are safe to inhale. Two years after issuing marketing denial orders (MDOs) to Juul in June 2022, the FDA announced Thursday that the applications are getting a second chance thanks to a new legal precedent.The FDA had put the initial ban on hold in July 2022, and in the time since has been reviewing "certain scientific issues," as wel ...

Altria is a longtime dividend powerhouse.Tobacco stocks have long been popular among income investors. Few industries have had the same luxury of selling a recession-proof product at wide profit margins, which has allowed tobacco companies to return much of their profits to investors in the form of dividends.Altria (MO 0.02%) 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 professor ...

These stocks all yield more than 6%.Dividend stocks help you to make money with no effort on your part. And that passive income can be incredibly powerful if it's reinvested long-term and piles up over the years. It's also a big part of why high-yielding dividend stocks can be particularly enticing, as they provide investors with more bang for their investment bucks.But high yields also tend to come with increased risk. Three of the highest-yielding dividend payers among stocks in the S&P 500 today are Walg ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

ToplineThe Food and Drug Administration rescinded its marketing ban on Juul Lab’s e-cigarette products Thursday—placing them back under scientific review—nearly two years after ordering a ban that was halted pending the company’s appeal.The FDA issued the ban of the popular e-cigarettes in June 2022. Getty Images Key FactsThe agency rescinded its marketing denial orders for the e-cigarette maker’s products after further review of information provided by Juul—as well as new case law. Juul Lab’s products hav ...

Altria NYSE: MO is among the leading sin stocks but is still a good dividend play today. Up more than 17.5% in the last few weeks, the purveyor of tobacco products is on track to reclaim the high end of a long-term trading range and possibly set new highs. Among the drivers for this move is the company’s considerable cash flow, which is used to repurchase shares, pay market-beating dividends, and maintain a healthy balance sheet. Get Altria Group alerts:Here are 7 Compelling Reasons Altria is A Good Buy for ...

Altria has a huge dividend yield, but its most important business has been struggling for a while now.There's one number that keeps investors interested in Altria (MO 0.65%): the stock's huge 8.4% dividend yield. But consumer staples companies don't get yields like that for no reason. There's also significant risk involved in owning this troubled stock.Although the past doesn't predict the future, extrapolating a key statistic regarding Altria over time should still send a shudder through the spines of most ...

PM Images Right at the start of February this year, I wrote an extensive piece on Altria Group, Inc. (NYSE:MO) - "Altria: The Demise Of This Dividend King Is Overexaggerated, I'm Betting Big Now." As the title implies, I provided several reasons that have motivated me of going long MO, making it one of the largest positions in my portfolio. The key essence of the buy thesis boiled down to the combination of the following factors: Juicy dividend yield, which at that time stood at ~ 9.1% Depressed valuat ...