Altria Group met adjusted earnings expectations in Q3 while delivering a revenue beat that caught investors' attention. The stock traded near $62.19 at the 9:00 AM ET filing, having drifted lower in recent weeks from its mid-$60s peak. Management raised the lower end of full-year guidance and expanded its buyback program, signaling confidence in the business despite ongoing headwinds in traditional tobacco.
Shares of Altria Group Inc. (NYSE: MO) lost 1.47% over the past month after gaining 7.36% the month prior. So far in 2025, the Dividend King isn't just outpacing its the S&P 500 with a 25.02% gain, it's continuing to reward shareholders with a dividend currently yielding 6.45%. The company has now increased its distribution 59 times over the past 55 years.