|Bid||44.78 x 1000|
|Ask||44.84 x 1800|
|Day's range||44.65 - 45.15|
|52-week range||40.35 - 57.05|
|Beta (5Y monthly)||0.69|
|PE ratio (TTM)||17.41|
|Forward dividend & yield||3.76 (8.33%)|
|Ex-dividend date||14 Sept 2022|
|1y target est||N/A|
These supercharged income stocks, with yields ranging from 8.5% to 17.7%, were on billionaire money manager's buy lists during the third quarter.
Despite this downturn, high-yielding dividend stocks held up and generally performed better than the broader market. The tobacco company Altria Group (NYSE: MO) is one example. Let's take a deeper dive into Altria Group's fundamentals and valuation to articulate why it deserves a spot within an income investor's portfolio.
Fintech companies have revolutionized investing, investors have often been able to scoop up stocks for no trading commissions over the last few years. Investors who have a few dollars to invest can buy at least one whole share of each of these three affordable stocks for less than $50. Regardless of what's going on around the world, it's a safe bet (sadly health-wise) that cigarettes will always be consumed due to nicotine's addictive nature.