description Altria Group (MO) Overview
Altria Group, Inc. (MO) is a tobacco giant primarily engaged in the manufacturing and sale of cigarettes, e-cigarette products, and other related nicotine solutions, historically generating substantial revenue through dividends for its investors.
help Altria Group (MO) FAQ
What is Altria Group's stock ticker and what exchanges is it traded on?
Altria Group trades under the ticker symbol MO on the New York Stock Exchange (NYSE). The company is one of the largest tobacco companies in the world and is a well-known dividend stock, historically offering a high dividend yield that attracts income-focused investors.
What are Altria Group's main businesses and brands?
Altria Group's primary subsidiary is Philip Morris USA, which manufactures Marlboro cigarettes, the best-selling cigarette brand in the United States. The company also holds stakes in other tobacco and nicotine product companies and has invested in the e-vapor market through its ownership of NJOY.
What is Altria's historical dividend track record?
Altria has been a consistent dividend payer, with a history of regular dividend increases that has made it a favorite among dividend growth investors. The company has maintained its dividend payments even as the U.S. cigarette market has declined, supported by price increases and cost-cutting measures.
What was Altria's investment in Juul and what happened to it?
Altria acquired a 35% stake in Juul Labs in December 2018 for approximately $12.8 billion, representing a major bet on the e-cigarette market. The investment was later significantly written down after Juul faced intense regulatory scrutiny, lawsuits, and declining market share in the United States.
explore Explore More
Similar to Altria Group (MO)
compare_arrows Compare: Philip Morris International... See all arrow_forward
Reviews & Comments
Write a Review
Be the first to review
Share your thoughts with the community and help others make better decisions.
