Previous close | 44.35 |
Open | 0.00 |
Bid | 41.67 x N/A |
Ask | 0.00 x N/A |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 87,475 |
Market cap | 79.183B |
Beta (5Y monthly) | 0.69 |
PE ratio (TTM) | 11.74 |
EPS (TTM) | 3.80 |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | 3.92 (9.20%) |
Ex-dividend date | 14 Sept 2023 |
1y target est | N/A |
Altria (MO) closed the most recent trading day at $43.87, moving -0.93% from the previous trading session.
Altria (MO) divests 35 million shares of Anheuser-Busch InBev. Management expands share repurchase plans while raising the bottom-line view for 2024.
The deal is accretive to earnings, likely will be tax-free, and lets the cigarette company repurchase its cheaply valued shares.