Why Altria Stock Closed Up Today [Yahoo! Finance]
Altria Group, Inc. (MO)
Last altria group, inc. earnings: 4/30 07:00 am
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Source: Yahoo! Finance
Instead, the tobacco giant seemed to benefit from a broader flight to safety as stocks tumbled for the second day in a row on fears of an extended conflict in Iran. Investors moved into defensive, dividend-paying stocks, and Altria was a winner as the tobacco sector is known for both its recession-proof positioning and high dividend yields. Altria currently offers a dividend yield of 6.6%. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The stock closed up 2.9% on the news. Image source: Getty Images. Why Altria is suddenly hot After today's gains, Altria is now up 15% year-to-date. Today's move seemed clearly motivated by a rotation into defensive stocks as the State Street Consumer Staples Select Sector SPDR ETF (NYSEMKT: XLP) rose 0.8% even as the S&P 500 fell 1.7%. Altria is well-positioned to benefit
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News
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MO
Earnings
- 1/29/26 - Miss
MO
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/9/26 - Form 4
- 3/5/26 - Form 144/A
- MO's page on the SEC website