Altria Group Crosses Above 9% Yield Territory
MOAltria(MO) Forbes·2024-03-23 03:33

In trading on Friday, shares of Altria Group were yielding above the 9% mark based on its quarterly dividend (annualized to 3.92),withthestockchanginghandsaslowas3.92), with the stock changing hands as low as 42.90 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1999 — you would have paid $146.88 per share. Fast ...