Altria Group ( MO ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.48 per share is scheduled to be paid on July 10, 2014. Shareholders who purchased MO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MO has paid the same dividend. At the current stock price of $42.35, the dividend yield is 4.53%.
The previous trading day's last sale of MO was $42.35, representing a -0.09% decrease from the 52 week high of $42.39 and a 27.87% increase over the 52 week low of $33.12.
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 $2.16. Zacks Investment Research reports MO's forecasted earnings growth in 2014 as 7.86%, compared to an industry average of -1.7%.
Interested in gaining exposure to MO through an Exchange Traded Fund [ETF]?
The following ETF(s) have MO as a top-10 holding:
- First Trust Low Beta Income ETF ( FTLB )
- First Trust High Income ETF ( FTHI )
- Vanguard Consumer Staples ETF ( VDC )
- Select Sector SPDR Fund - Consumer Staples ( XLP )
- iShares Dow Jones U.S. Consumer Goods Index Fund ( IYK ).
The top-performing ETF of this group is VDC with an increase of 7.2% over the last 100 days. FTLB has the highest percent weighting of MO at 4.83%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.