I have one question, in what situation we could ever see MO, reducing, or even cutting their dividend?
J
From Barrons
Altria’s Dividend Yield Spiked After Juul Ban. The Payout Looks Secure. By Lawrence C. StraussFollow July 3, 2022 7:30 am ET
C
MO is like a rollercoaster but I'm sticking with it.
R
MO is money
E
If the overall indices ( S&P 500, Dow, and Nasdaq ) plunge to their bottom in 2nd half 2022, how low can MO go ?? $36 or lower to get a dividend of 10% or greater ?? Any thoughts ?
M
added a few shares this morning at $41.43. I live for the divs
A
I dont think govt can ban nicotine or even reduce levels, its not a drug and by itself bad its the combustion that expels toxins
A
Mo dividend coming on the 11 th dividends will be reinvested and price will go up up up !!!
A
When dividend is released mo will go up 5 dollars!!
K
Blackrock owns ~120,000,000 shares.
A
With drip coming on the 11th mo price will be back to 47!!!
S
An unfortunate drop from the mid 50s to the current price from the Morgan Stanley downgrade due to higher gas prices along with the JUUL decision. So what is the long term investor to do? You guessed it, say thank you to Mr Market and add more shares at lower prices.
Reinvest those dividends to lower your cost basis every three months and also increase your yield on cost. Compound interest, if you apply it you earn it. If not, you pay it.
J
Deutsche Bank Maintains Buy on Altria Group, Price Target $46 BY Benzinga — 8:38 AM ET 07/01/2022
A
juul wont be banned fda has no case in court
A
Mo will be back to mid 50s when dividends are reinvested, july11 2022!!!!
R
Just picked up 1000 more shares today!
J
Missy wan talking dividend cut is the Best Buy signal in the world.
c
These are the same experts that said oil was dead.
E
Nice work MO !!
R
I bought more on the dip. It will be fun to watch the price go up even as dividend payments come out and out and out!
Altria’s Dividend Yield Spiked After Juul Ban. The Payout Looks Secure.
By Lawrence C. StraussFollow
July 3, 2022 7:30 am ET
Reinvest those dividends to lower your cost basis every three months and also increase your yield on cost. Compound interest, if you apply it you earn it. If not, you pay it.
BY Benzinga
— 8:38 AM ET 07/01/2022