Walgreens, Altria, and Verizon all have high yields, but are they worth buying just for the yield? Probably not. Here's a deeper look at each.It is understandable that dividend investors often start their search for investment candidates by looking at dividend yield. But just picking the highest-yielding stocks isn't likely to be a winning strategy over the long term. You need to do more digging.A look at the three highest-yielding stocks in the S&P 500 index, Walgreens Boots Alliance (WBA), Altria Group (M ...

In the latest trading session, Altria (MO) closed at $53.77, marking a +0.77% move from the previous day. This change lagged the S&P 500's 1.01% gain on the day. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, added 1.13%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker have appreciated by 6.68% over the course of the past month, outperforming the Consumer Staples sector's gain of 2.98% and the S&P 500's gain of 2.5%.Analysts and investors alike will be kee ...

It has been about a month since the last earnings report for Altria (MO) . Shares have added about 6.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Altria due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Altria's Q2 Earnings Lag Estimates, Cigarette Volumes DropA ...

Altria Group, Inc. (MO) has been experiencing gains from its efforts to solidify its position in the smoke-free product market in the face of declining cigarette volumes. The company’s shares have rallied 15.4% in the past three months. Although underperforming the industry’s growth of 19.3%, Altria has fared better than the broader Zacks Consumer Staples sector and the S&P 500’s respective gains of 5% and 5.6% in the same time frame.Image Source: Zacks Investment ResearchAltria closed the trading session a ...

Altria just raised its dividend by 4.1%.Although the stock market has generally held up during the past couple of years, both the S&P 500 and Nasdaq Composite experienced some hefty selling during the past month. While sell-offs are par for the course in the market, they can be quite jarring for inexperienced investors.One company that has been a consistent winner for decades is tobacco company Altria (MO 0.26%). Altria is considered to be a sin stock due to the products it sells -- primarily cigarettes.Alt ...

krblokhin Altria Group, Inc. (NYSE:MO) has announced its 55th consecutive year of dividend increase as covered here by Seeking Alpha. The world of investing is filled with adages, repeated ad nauseam at times. But Altria is a living embodiment of "time over timing" as the company's quarterly dividend has now more than tripled since the spin-off in 2008. And without much fanfare, if not downright skepticism surrounding it. I have a history of covering dividend increases of my favorite stocks. The article lin ...

FotografiaBasica Article Thesis Altria Group, Inc. (NYSE:MO) has been a strong performer in recent months, driven by an undemanding valuation and a declining rates environment that made it more attractive for income investors. On Thursday, the company announced another dividend increase, keeping the dividend growth story intact. Past Coverage In the past, I have written about Altria Group here on Seeking Alpha. My most recent article is from March 2024, or around five months ago. In that article, I argu ...

GERMANY - 2024/07/28: In this photo illustration, a Kimberly-Clark Corporation logo seen displayed ... [+] on a tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesWe believe that Kimberly-Clark stock (NYSE: KMB) is currently a better pick than the tobacco company, Altria stock (NYSE: MO), given its better valuation. The decision to invest often comes down to finding the best stocks within the scope of certain characteristics that s ...

Ivan Pantic/E+ via Getty Images Introduction Altria (NYSE:MO) is currently one of my largest portfolio holdings and a very popular stock amongst dividend investors. And for good reason. The stock has more than 50 years of dividend increases and looks to add to that record soon with another one. The stock has performed well, thanks to growing market share and a seemingly successful venture into the e-vapor category. This is something I have been excited about since the announcement. In this article I dis ...

GorlovWe previously covered Altria (NYSE:NYSE:MO) in May 2024, discussing its mixed performance in the Smokeable/ Smoke-free segments and recommending readers to remain patient given its nascent transition to smoke-free approaches. With NJOY already reporting growing retail share and H2'24 likely to bring forth improved numbers as guided by the management, we had reiterated our Buy rating attributed to its still rich dividend investment thesis and robust support levels of between $40s and $44s - with it ...