Altria Group (MO) has seen substantial growth in the first quarter. Despite concerns over growth, it continues to be one of the
most profitable dividend stocks to purchase. The market sentiment towards Altria Group is largely positive, with rising interest in its
regular quarterly dividend of $1.02 per share. Those who invested in Altria five years ago have seen a 147% increase in their investment. Although flagged as overbought after a ‘vertical’ surge, Altria remains a trending stock. The Group is highly favoured by institutional owners, who hold 61% of the company, and is seen as one of the
best FMCG stocks to purchase. It's considered among the top high yielding consumer defensive stocks, despite the market challenges faced by the company. Maintaining steady growth, Altria Group's stock is a popular choice amidst a ‘flight to quality’. Although Altria faced a slump on a particular Wednesday, it is still viewed as a strong dividend investment. Despite being subjected to securities investigation, Altria continues to shine for its
7% yield that is seemingly recession-proof. It hit a 52-week high of $58.05 as it continued to demonstrate
consistent growth.
Altria Group MO News Analytics from Thu, 20 Feb 2025 08:00:00 GMT to Fri, 11 Apr 2025 10:15:49 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor -6
