Had You Invested $1,000 in Altria or Philip Morris 10 Years Ago, Here's What You'd Have Now

Had You Invested $1,000 in Altria or Philip Morris 10 Years Ago, Here's What You'd Have Now

Quick Read Altria (MO) gained 105% on price alone over a decade but trails the S&P 500’s 224% return, while Philip Morris (PM) rose 179% on price; dividend reinvestment over 10 years significantly closed the gap for both, with Altria’s quarterly dividend nearly doubling from $0.565 to $1.06 and PM’s rising from $1.02 to $1.47. PM trades at 20x forward P/E with analyst upside to $194.84 while Altria offers a 6.5% yield at 12x forward P/E amid do…