Monday, October 10, 2011

MO - Altria Group, Inc.

Altria Group, Inc., stock ticker MO, is the parent company of Philip Morris USA. Altria controls much of the U.S. tobacco market with Parliament, Marlboro, and other brands. They are a holding company and wholly own their subsidiaries. Altria engages in the manufacturing and selling cigarettes and certain smokeless products in the United States. MO owns the John Middleton Company which engages in the manufacturing and selling of machine made cigars and pipe tobacco. Altria segments include cigarettes, smokeless products, wine, cigars, and financial services. It is important to note that Altria has been the best performing stock of the last 50 year. Love them or hate them, but people will continue to smoke and Altria will continue to sell their smokes for greater prices and profits. During the Great Recession of 2008 and even now as the economy begins to slowly leak back into a recession, people remain addicted to cigarettes. I strongly believe that they will give up everything except smoking! Altria pays an excellent, healthy dividend of $0.41 per share, which is a 5.94% yield as of today, and will continue to survive further market drops! Just as smokers are addicted to their cigarettes and tobacco it is easy to become an Altria dividend addict. Purchase some MO if it drops below $24.00 and hold for life! Always remember to purchase your dividend stocks within a Roth IRA account, for maximum tax savings! This dividend monster stock offers stability during market volatility. 


Click here to visit Altria's home page, as well as here to visit their Investor Relations website. Also, enjoy this short clip pertaining to Altria's profit powers and what it's like to work at Altria.


Evidence: Altria Group Inc Reaffirms FY 2011 EPS Guidance-Conference Call


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