In trading on Friday, shares of Altria Group were yielding above the 9% mark based on its quarterly dividend (annualized to $3.92), with the stock changing hands as low as $42.90 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1999 — you would have paid $146.88 per share. Fast ...

In the latest trading session, Altria (MO) closed at $44.95, marking a +0.36% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.68%, and the technology-dominated Nasdaq saw an increase of 0.2%.Coming into today, shares of the owner of Philip Morris USA, the nation's largest cigarette maker had gained 10.68% in the past month. In that same time, the Consumer Staples sector gained 1.81%, while the S&P 500 gained 5.11%.Mar ...

Altria Group, Inc. (MO) has been navigating market uncertainties with the support of its pricing power and focus on smoke-free products. These upsides have been working well for the tobacco giant amid soft cigarette volumes.Pricing PowerAltria has been benefiting from its strong pricing power, which has helped the company stay firm amid challenges. Though higher pricing might lead to a possible decline in cigarette consumption, it is seen that smokers tend to absorb price increases due to the addictive qual ...

Mario Tama My most recent coverage of my favorite stock, Altria Group, Inc. (NYSE:MO) was more than three months ago in December 2023. I had rated the stock a "Buy", urging investors to buy on the weakness triggered by a move by peer British American Tobacco p.l.c. (BTI). Since then, the stock has returned about 9% compared to the market's 12% return. Despite my liking for the stock, had someone told me at the time of my previous article that Altria's stock would outperform the S&P 500 in the first quar ...

Altria (MO -0.93%) hasn't had a lot of good news to report lately, but investors were cheering its latest move on Thursday, which will raise billions in cash.The Marlboro maker said it would sell a significant percentage of its stake in Anheuser-Busch InBev (BUD -0.34%). News of the sales sent the high-yielding dividend stock up 2.2% on Thursday.In a filing, Altria said it plans to sell 35 million shares of Anheuser-Busch through a public offering at $61.50 a share, and in addition, it would sell $200 milli ...

Altria (MO) closed at $43.87 in the latest trading session, marking a -0.93% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.65%. At the same time, the Dow lost 0.49%, and the tech-heavy Nasdaq lost 0.96%.Heading into today, shares of the owner of Philip Morris USA, the nation's largest cigarette maker had gained 10.23% over the past month, outpacing the Consumer Staples sector's gain of 2.58% and the S&P 500's gain of 3.27% in that time.The investment community wil ...

Altria Group, Inc. (MO) concluded the divestiture of a portion of its stake in Anheuser-Busch InBev SA/NA. Concurrently, the tobacco behemoth expanded its share repurchase program. Taking these into account, the company raised its bottom-line view for 2024. More on DivestitureAltria divested 35 million shares of Anheuser-Busch InBev SA/NA via a global secondary offering. The deal includes a public offering of ABI ordinary shares represented by American depositary shares (ADS) in the United States, a public ...

Altria Group, Inc. (MO) unveiled intentions to divest a portion of its stake in Anheuser-Busch InBev SA/NA via a global secondary offering.This offering includes various components, including a public offering of ABI ordinary shares represented by American depositary shares (ADS) in the United States, a public offering of ABI ordinary shares in the United States, simultaneous private placement of ABI ordinary shares in the European Economic Area and the United Kingdom and an offering of ABI ordinary shares ...

Altria (MO) closed at $43.35 in the latest trading session, marking a +0.7% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.19% for the day. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 0.54%.Prior to today's trading, shares of the owner of Philip Morris USA, the nation's largest cigarette maker had gained 7.01% over the past month. This has outpaced the Consumer Staples sector's gain of 1.63% and the S&P 500's gai ...

Mario TamaIn my previous update on Altria Group (NYSE:MO), I articulated that MO was working hard to establish a bottom. Over the past two months, MO's performance has slightly trailed the S&P 500 (SP500) but remained resilient. As a result, I assessed that buying momentum on MO has strengthened as investors returned to the well-battered stock, taking advantage of its cheap valuation and robust forward dividend yields. MO Quant Grades Vs. Peers (Seeking Alpha)MO is assigned a best-in-class "A" valuation ...