Early 52-week Highs for Altria and Silver Wheaton (MO, SLW)
Great start this morning for shareholders of Silver Wheaton Corp. (NYSE:SLW) and Altria Group, Inc. (NYSE:MO) as both stocks hit new 52-week highs.
What is working these days for investors? How about silver and cigarettes.
Silver Wheaton Corp. (USA) (NYSE:SLW) shares hit $24.34 and are now trading at $24.17, up 1.17% or 28 cents. Over the past 12 months Silver Wheaton (SLW) shares have traded between $10.57 and today's new high of $24.34. Silver Wheaton Corp shares are now trading with a P/E Ratio of 44.9 and EPS of 0.53.
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Thanks to U.S. silver prices on Friday hitting their highest level since March 2008, capping two straight weeks of gains. On Friday, December silver finished at $19.949 an ounce on the Comex in New York. It reached an intraday high earlier in the day of $19.985 an ounce
Altria Group, Inc. (NYSE:MO) touched $23.11 and its shares are now trading at $23.05, up 0.62% or 14 cents. Altria (MO) shares have traded between $17.28 and $23.05 over the past 12 months. Altria Group shares are now trading with a P/E Ratio of 13.8 and EPS of 1.66.
The icing on the cake for Altria shareholders came last week when the company increased its dividend 8.6% to 38 cents per share from 35 cents, bringing its annualized dividend to $1.52 per share.