RICHMOND, Va.--(BUSINESS WIRE)--Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast on Thursday, February 1, 2024, at 9:00 a.m. Eastern Time to discuss its 2023 fourth-quarter and full-year business results. Altria will issue a press release containing its business results at approximately 7:00 a.m. Eastern Time the same day. The webcast can be accessed at altria.com. During the webcast, Billy Gifford, Altria’s Chief Executive Officer, and Sal Mancuso, Altria’s Chief Financial Officer, wi ...

Wall Street offers investors an assortment of ways to make money. However, few investment strategies have proved as successful over extended periods as buying dividend stocks.Last year, the Hartford Funds and Ned Davis Research published data showing that dividend stocks averaged an annualized return of 9.18% over the past half-century (1973-2022). By comparison, publicly traded companies that don't pay a dividend have delivered a considerably tamer annualized return of 3.95% over the same five-decade stret ...

Altria Group, Inc. (MO) remains on a promising growth trajectory due to strategic pricing and a robust focus on smoke-free alternatives. These upsides bode well in the face of an intricate landscape shaped by evolving consumer preferences and macroeconomic uncertainties.Challenges AboardAltria has been witnessing a decline in its Smokeable Product segment revenues for the past few quarters now, which has been hurting the company’s overall top line. In the third quarter of 2023, Altria’s net revenues decreas ...

Let's do a little back-of-napkin math to understand the value of a 9.5% dividend yield. Assuming all dividends received are reinvested at the same yield and no share price appreciation, a $10,000 position would soar to $20,669 in just eight years, more than doubling your money based on dividends alone. And in 20 years, your position would be worth a jaw-dropping $61,416. Unsurprisingly, such a generous payout strongly appeals to people saving for retirement and other long-term investors.With that in mind, l ...

Altria (MO) ended the recent trading session at $41.34, demonstrating a -0.63% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.08%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.02%.Heading into today, shares of the owner of Philip Morris USA, the nation's largest cigarette maker had lost 1.21% over the past month, lagging the Consumer Staples sector's gain of 6.15% and the S&P 500's gain of 3.52% in that time.The i ...

While the rest of the stock market was on fire last year, Altria (MO 0.83%) was turning to ashes. Shares of the Marlboro maker fell 12%, according to data from S&P Global Market Intelligence, as its strong dividend wasn't enough to attract investors to a business model that many think is in an inevitable decline.There was no singular piece of news that pushed Altria stock lower last year, but mostly disappointing earnings reports and a revelation by rival British American Tobacco at the end of the year led ...

The big draw for investors with Altria (MO -0.12%) today is the stock's huge 9.4% dividend yield. But a big yield sometimes signals big risks, which is the case for this consumer staples stock today. And why most dividend-focused investors will be better off owning a far more boring company like Realty Income (O -0.32%) despite its lower 5.3% dividend yield.Here's what you need to know.Altria's got some very bad math going onAlthough Altria can boast that it has increased its dividend annually for years on ...

Mario TamaOverview MO stands for "Must Own": a popular comment here. This is for good reason, too! With a dividend yield of 9.4% and 54 years of consecutive dividend raises, it's no wonder MO is a popular choice amongst dividend investors. I recently wrote an article on Philip Morris (PM) where a lot of the same principles with the company will apply. PM and MO are "sin stocks" and trigger people's moral compass on whether it's alright to earn income from companies whose products are responsible for hea ...

PM Images 2023 has come to an end, and what a year it's been. Geopolitical tensions continued to increase, inflation continued to decline, yet the Fed increased rates and maintained a higher for longer stance, we endured a regional banking crisis where several regionals failed, the Fed became less hawkish at the end of the year, and the S&P 500 increased 24.2% while the Nasdaq climbed 43%. In the last trading week of the year, the S&P 500 increased by 0.32% while the Nasdaq rose 0.12%. At the end of 202 ...

Tobacco stocks are a controversial niche in the investing community. But regardless of your stance toward them, cigarette makers are famous for paying huge dividends. Altria Group (MO 0.40%) has raised its payouts 58 times over the past 54 years, and it yields a whopping 10% at its current share price.Dividends aren't everything, though. That share price is down nearly 50% from its high in 2017. Could investors finally get something positive out of Altria in 2024 besides its dividend? For that to happen, it ...