Altria Group Stock To Go Ex-dividend Tomorrow (MO)

NEW YORK ( TheStreet) -- The ex-dividend date for Altria Group (NYSE: MO) is tomorrow, September 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 41 cents per share. At a price of $26.09 as of 9:30 a.m. ET, the dividend yield is 6.1%.

The average volume for Altria Group has been 14.6 million shares per day over the past 30 days. Altria Group has a market cap of $55.9 billion and is part of the consumer goods sector and tobacco industry. Shares are up 7.1% year to date as of the close of trading on Friday.

Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. The company has a P/E ratio of 16.5, equal to the average tobacco industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Altria Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Altria Group Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

General Electric Sells Distributed Power Unit to Advent for $3.25 Billion

General Electric Sells Distributed Power Unit to Advent for $3.25 Billion

BlackBerry CEO Talks Impact of Trump's Tariffs Among His Big Automaker Clients

BlackBerry CEO Talks Impact of Trump's Tariffs Among His Big Automaker Clients

Dow Falls Sharply as Wall Street Weighs Trump's New Trade Threats

Dow Falls Sharply as Wall Street Weighs Trump's New Trade Threats

Boeing Slides as China Premier Li Says Willing to Continue Talks With Airbus

Boeing Slides as China Premier Li Says Willing to Continue Talks With Airbus

Intel Gets a Downgrade Following CEO Resignation

Intel Gets a Downgrade Following CEO Resignation