Altria Group Inc vs Invesco Preferred ETF — how do they compare? Altria Group Inc trades at $74.53 (market cap $124.67B), while Invesco Preferred ETF trades at $10.79. The key difference: Altria Group Inc pays a 5.68% dividend while Invesco Preferred ETF pays none, and Altria Group Inc is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| MO | PGX | |
|---|---|---|
Market Cap | $124.67B | — |
Sector | Consumer Staples | — |
52-Week High | $74.66 | $11.87 |
52-Week Low | $54.72 | $10.81 |
Enterprise Value | $145.75B | — |
Dividend Yield | 5.68% | — |
Trailing returns across standard periods
Latest headlines on both assets
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Helix Innovations, and Philip Morris Capital, although the company plans to wind down Philip Morris Capital by the end of 2022. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 43% share in 2020. Altria holds strategic investments in JUUL Labs (35% economic interest) and Cronos (42%).
Read more on MO →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
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