Thread: Altria (MO)

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  1. #1
    Member
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    Jun 2006
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    Wisconsin
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    5,105

    Altria (MO)

    I’ve been holding this for at least 10 years. They just upped their dividend, but the stock has been on a steady decline. Any of you folks holding this stock and is so, are you holding or selling.

  2. Member
    Join Date
    Nov 2011
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    Coral Springs, Florida
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    #2
    I had some about two years ago and sold it. It is not bad for present income but I just worried that long term, the business would decline since it is based on tobacco and nicotine.

  3. Member
    Join Date
    Aug 2017
    Location
    Little Red River, AR
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    #3
    I just bought some today since it was at a low and the dividend is nice. I think if the market corrects it will be a safe haven.

  4. idbefishing
    Guest
    #4
    I just looked at MO last night, seems to have lot of dip buyers came in. If market is truly turning back, I think it would come back quickly

  5. Member
    Join Date
    Aug 2017
    Location
    NorCal
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    314
    #5
    I added more.


    Good luck!
    It's not what you can take with you,

    It's what you leave behind.

  6. Member
    Join Date
    Jan 2010
    Location
    Macomb Illinois
    Posts
    1,159
    #6
    Owned it for 25 years.Great dividend,I’ll hold it forever.

  7. Member
    Join Date
    Nov 2011
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    Coral Springs, Florida
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    10,790
    #7
    Quote Originally Posted by idbefishing View Post
    I just looked at MO last night, seems to have lot of dip buyers came in. If market is truly turning back, I think it would come back quickly
    Dip buyers are a big part of their market share.

  8. Member Big dreams's Avatar
    Join Date
    May 2012
    Location
    Midland, Michigan
    Posts
    2,226
    #8
    I owned a stock similar to this, it had a nice dividend. Then the business folded within a week. Be careful guys as those dividends can be misleading.

  9. Member
    Join Date
    Aug 2017
    Location
    NorCal
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    314
    #9
    Another buying opportunity now

    Good luck!
    It's not what you can take with you,

    It's what you leave behind.