Can These 2 Ultra-High-Yield Dividend Stocks Outperform the S&P 500 in 2024? [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Altria Group, Inc. (MO)
Last altria group, inc. earnings: 4/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
altria.com/investors
Company Research
Source: Yahoo! Finance
The core reason is that an elevated yield often indicates a company is facing a major headwind. Tobacco giant Altria (NYSE: MO) and telecom behemoth AT&T (NYSE: T) have defied this trend in 2024. Despite their exceptional yields (see below), both stocks are on pace to keep up with the red-hot S&P 500 and perhaps surpass its performance before year's end. Can these former laggards really outperform the S&P 500 in 2024? Let's dig deeper to find out. Altria: A proven value creator Altria, the maker of Marlboro cigarettes, has been an unusually strong performer this year. Despite this ongoing secular decline in cigarette smoking, Altria's stock has delivered a total return (including dividends) of 19.3% this year, compared to the 16% total return of the S&P 500. While this outperformance is likely due to a broadening of the overall bull market and not a company-specific phenomenon, Altria still represents a compelling investment case. Speaking to this point, it pays a ginormous
Show less
Read more
Impact Snapshot
Event Time:
MO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MO alerts
High impacting Altria Group, Inc. news events
Weekly update
A roundup of the hottest topics
MO
News
- High-Yield Altria Stock Rose With the Market in the First Half of 2024, but Don't Get Too Excited for the Rest of the Year [Yahoo! Finance]Yahoo! Finance
- Altria Investors Just Got Some Bullish News [Yahoo! Finance]Yahoo! Finance
- Best Stock to Buy Right Now: Altria Group vs. British American Tobacco [Yahoo! Finance]Yahoo! Finance
- Altria Group, Inc. (MO): Is It the Best Dividend Aristocrat To Buy Now? [Yahoo! Finance]Yahoo! Finance
- A Bull Market Is Here: 2 Brilliant Stocks Down 41% and 51% to Buy Right Now [Yahoo! Finance]Yahoo! Finance
MO
Earnings
- 4/25/24 - In-Line
MO
Sec Filings
- 7/2/24 - Form 4
- 6/7/24 - Form 11-K
- 6/7/24 - Form 11-K
- MO's page on the SEC website