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Altria Is Attractive In 2024
Seeking Alpha· 2024-01-22 08:26
krblokhin Introduction Altria Group (NYSE:MO), on the surface, may not be the most attractive stock. The company's stock appreciation has been minimal over the past few years. However, the merit of investing in Altria comes from extremely lucrative and consistent dividend payouts. As such, one may view Altria as a pure dividend investment. While this may be the case in the long term, for the upcoming few quarters in 2024, I believe there could be a stock price appreciation opportunity for Altria coming from ...
>15% Annual Return Potential: This May Be The Last Chance To Buy 10%-Yielding Altria This Cheap
Seeking Alpha· 2024-01-21 09:32
atakan/iStock via Getty Images Introduction When it comes to long-term investments, I mainly buy companies that fulfill critical roles in the modern economy. This includes transportation companies, healthcare, defense, financial services, energy, and related. I also try to find a sweet spot between growth and value, as I am neither a pure-play "growth" nor "value" investor. Hence, my portfolio, more often than not, has a yield between 2.5% and 3.0% with an annual dividend growth rate in the high-single-digi ...
Altria to Host Webcast of 2023 Fourth-Quarter and Full-Year Results
Businesswire· 2024-01-18 15:00
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 ...
Want $300 in Super Safe Dividend Income in 2024? Invest $4,175 Into the Following 3 High-Yield S&P 500 Stocks.
The Motley Fool· 2024-01-18 10:06
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 (MO) Smoke-Free Strength Aids Amid Low Cigarette Volumes
Zacks Investment Research· 2024-01-15 14:01
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 ...
With a Yield of Almost 10%, Is This Dirt Cheap Dividend Stock a Buy in 2024?
The Motley Fool· 2024-01-13 13:10
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) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-01-12 23:48
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 ...
Why Altria Stock Lost 12% in 2023
The Motley Fool· 2024-01-11 19:53
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 ...
Best Dividend Stock to Buy: Altria vs. Realty Income
The Motley Fool· 2024-01-10 10:35
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 ...
Altria: Double-Digit Annual Returns With High Dividend Yield
Seeking Alpha· 2024-01-08 15:19
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 ...