Altria (MO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this owner of Philip Morris USA, the nation's largest cigarette maker have returned +7%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Tobacco industry, which Altria falls in, has gained 3.7%. The key question now is: What could be the ...

Tobacco stocks have long been ripe territory for income investors, and after years of consolidation and decline, the industry has been whittled down to three major players: Altria (MO 0.77%) and Philip Morris International (PM 1.28%), which were once part of the same company; and British American Tobacco. BAT deserves consideration from income investors open to tobacco stocks, but here we'll focus on just Altria and Philip Morris, two companies with similar product portfolios and who have a history of worki ...

Mario Tama Altria Group, Inc. (NYSE:MO) has seen its share price continue to stagnate with an almost double-digit dividend yield. The company has either not been in the news at all or in the news for all the wrong reasons, such as an ill-timed, incredibly expensive investment into Juul. Despite that, the company stays true to its roots as a "sin" stock focused on driving substantial long-term shareholder returns. Altria Smoker Transition The company is working to a transition in smoking, as nicotine addicti ...

In the latest trading session, Altria (MO) closed at $41.55, marking a +0.24% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.03%. At the same time, the Dow added 0.34%, and the tech-heavy Nasdaq gained 1.51%.The owner of Philip Morris USA, the nation's largest cigarette maker's stock has climbed by 2.96% in the past month, exceeding the Consumer Staples sector's loss of 0.65% and lagging the S&P 500's gain of 3.21%.The investment community will be paying close ...

PM Images The markets had another good week as the S&P 500 increased by 0.84% and the Nasdaq jumped 1.59%. We're less than 2 weeks away from the next Fed meeting, and there is a 96% chance that rates will stay where they are. I am looking forward to listening to Chair Powell's speech and seeing if anything changes in his delivery. The economy is hot, and I think his comments will be critical to the current rally. Many commentators have been incorrect on timing the Fed's actions, as they have stayed in a ...

Who Actually Owns Altria? Mario Tama / Getty Images Altria is one of the most influential companies in the tobacco industry, although most people don’t know it by name. As the owner and operator of many large tobacco and cigarette brands, Altria’s influence extends into many subsidiaries, some of which aren’t even tobacco-related. Let’s look at Altria and find out who actually owns the company, plus a bit about its subsidiaries.To compile this content, 24/7 Wall Street used sources from Altria’s website t ...

There was a time when Altria Group (MO -0.12%) -- back when it was still called Philip Morris -- was a powerhouse of a company. Although the tobacco giant has faced predictable problems linked to the health risks of smoking since the 90s, it's still managed to grow its top and bottom lines between then and now.The past few years, however, have been measurably different for Altria and its peers. The entire tobacco business is at a tipping point thanks to ongoing smoking-cessation campaigns. For the second ye ...

Retirees and other income-focused investors must wade through an ocean of dividend stocks to find high-yield investments that can afford their lofty payout. The market won't pay as much for a stock with a suspect dividend. The lower share price creates a higher yield.But some stocks, like Altria Group (MO -0.12%) and AT&T (T 0.29%), are household high-yielders known for their commitment to paying shareholders. The question today is: Which one can you trust with your money?That doesn't necessarily mean one i ...

Altria (MO) closed at $40.86 in the latest trading session, marking a -0.12% move from the prior day. This change lagged the S&P 500's daily gain of 0.8%. Meanwhile, the Dow experienced a rise of 0.23%, and the technology-dominated Nasdaq saw an increase of 1.14%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker witnessed a loss of 1.94% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 1.15% and the S&P 500's gain of 5.2%.The upco ...

RICHMOND, Va.--(BUSINESS WIRE)--Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors declared a regular quarterly dividend of $0.98 per share, payable on April 30, 2024 to shareholders of record as of March 25, 2024. The ex-dividend date is March 22, 2024. ...