Should I keep buying Altria? In this video, I break down the number of shares I currently own, what I paid for them, and take a hard look at the risks associated with this stock.

Mentioned in Video:

[ Ссылка ]

[ Ссылка ] - Should I keep buying Paramount?

[ Ссылка ].

[ Ссылка ]

[ Ссылка ]

Form an LLC for Stock Trading / Investing $49 + State Fees: [ Ссылка ]

This is the business database I use to see the revenue numbers and tools of 3,000+ businesses: [ Ссылка ]

Sign up for a paid subscription to Starter Story and I'll even give you a free personal consulting session for joining.

As promised, I’ll also reveal my plans for ticker symbol MO and the way I’m thinking about this stock for the rest of this year. By the way, this is not financial advice, I’m just telling you what I’m doing and thinking.
Let’s take a look.

If you’re a fan of dividend stocks, you know the tobacco stock Altria already. This stock is part of every dividend focused portfolio I’ve ever seen in large part to its $3.76 annual dividend and 53 year track record of increasing dividends.

At the time I’m recording this video, I own 603 shares of Altria at an average price of $42.71. This works out to $2,267 in annual dividend payments which is pretty cool because I literally don’t need to do anything to make that money. This number of shares could already cover one mortgage payment per year, plus a nice dinner out with my wife.

What I love about buying Altria is that you see a measurable increase in annual dividends with each purchase you make. Go ahead and try out this calculator on the Altria website. It’s fun.

If you own 1,000 shares, you’d get $3,760 in annual payments. 5000 shares? $18,800 per year. 10000 shares? $37,600 per year in dividend payments.

You get the point. Most people aren’t investing in this company because their excited about the future prospects of selling cancer sticks to the public. They’re investing for the income.

свернуть