MO

Altria Group, Inc.
NYSE
Price 6/23 11:54 PM (ET)
$71.33
$ Change
+1.82
% Change
+2.62%
Latest News
10 items
Seeking Alpha Positive 6/22 12:30 PM
Dividend Harvesting Portfolio Week 277: $27,700 Allocated, $3,084.15 In Projected Dividends

The Dividend Harvesting Portfolio remains resilient, generating $3,084 in forward annualized dividend income with a 40.66% return on invested capital. I see Salesforce as grossly undervalued, recently adding to my position at 9.4x EBITDA and 8.5x FCF, with a 1.16% yield. Portfolio sector allocation is evolving, with a focus on increasing individual equities and energy exposure while maintaining sector balance over time.

Invezz Positive 6/18 3:13 AM
Three must-own dividend stocks irrespective of the broader market trajectory

Wall Street's careening trajectory has left investors grappling with a highly volatile macro climate. Despite brief relief from a tentative US-Iran ceasefire, the Federal Reserve's latest Summary of Economic Projections paints a hawkish picture – slashing GDP expectations while projecting sticky PCE inflation at 3.6%.

Market Cap
119.60B
Dol. Volume
702.67M
Volume
9.85M
52W Range
$54.7 - $74.56
1 Week
+3.45%
1 Month
-3.48%
1 Year
+19.06%
Operating across the United States through its subsidiaries, Altria Group, Inc. is a prominent manufacturer and marketer of both combustible and oral tobacco items. Its portfolio features cigarettes, primarily under the iconic Marlboro brand, alongside cigars and pipe tobacco mainly offered as Black & Mild. The enterprise further provides an assortment of moist smokeless tobacco products, including Copenhagen, Skoal, Red Seal, and Husky, in addition to its on! brand of oral nicotine pouches. Altria distributes its merchandise chiefly to wholesale partners, such as independent distributors, and directly to substantial retail organizations, including major chain stores. The corporation, founded in 1822, maintains its principal offices in Richmond, Virginia.