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Altria Group (NYSE:MO) Stock Price Up 2.8% - Still a Buy?
Altria Group’s stock price increased by 2.8% to $66.46, bringing its market capitalization to $111 billion. The company declared a quarterly dividend of $1.06, representing an annualized yield of 6.4%, though its dividend payout ratio is high at 103%. Analyst ratings are mixed, with a consensus “Hold” and an average target price of $65.11, while the company recently missed EPS estimates and saw a slight revenue decline.