This Stock Has a 9.75% Dividend Yield, and 15% Upside According to Wall Street Experts
Altria(MO) The Motley Fool·2024-02-05 10:10
Wall Street experts are bullish on U.S. tobacco company Altria Group (MO -0.86%), which sells Marlboro cigarettes domestically. The average 12-month price target from analysts implies a 15% upside, plus investors must factor in a tremendous dividend that yields almost 10% at the current share price.But the stock has underperformed the broader market for several years, so is this where investors can finally see some steady green? The company recently reported fourth-quarter earnings for 2023, setting the ton ...