Altria Group ( MO ) will begin trading ex-dividend on December 22, 2015. A cash dividend payment of $0.565 per share is scheduled to be paid on January 11, 2016. Shareholders who purchased MO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.65% increase over the same period a year ago. At the current stock price of $57.13, the dividend yield is 3.96%.
The previous trading day's last sale of MO was $57.13, representing a -7.47% decrease from the 52 week high of $61.74 and a 20.76% increase over the 52 week low of $47.31.
MO is a part of the Consumer Non-Durables sector, which includes companies such as Philip Morris International Inc ( PM ) and British American Tobacco p.l.c. ( BTI ). MO's current earnings per share, an indicator of a company's profitability, is $2.67. Zacks Investment Research reports MO's forecasted earnings growth in 2015 as 9.27%, compared to an industry average of 1.9%.
Interested in gaining exposure to MO through an Exchange Traded Fund [ETF]?
The following ETF(s) have MO as a top-10 holding:
- SPDR Select Sector Fund - Consumer Staples ( XLP )
- iShares U.S. Consumer Goods ETF ( IYK )
- Vanguard Consumer Staples ETF - DNQ ( VDC )
- PowerShares DWA Consumer Staples Momentum Portfolio ( PSL )
- Columbia Select Large Cap Value ETF ( GVT ).
The top-performing ETF of this group is PSL with an increase of 0.21% over the last 100 days. XLP has the highest percent weighting of MO at 5.75%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.