Is Altria's 8.2%-Yielding Dividend Worth the Risk? 1 Trend Suggests the Stock Could Be in Trouble.
Altria(MO) The Motley Fool·2024-11-02 16:10
At first glance, Altria might look like a safe dividend stock -- but that's far from the case.Altria Group (MO -1.08%) pays an extremely high dividend that yields 8.2%. It would take an investment of approximately $12,200 to be able to collect $1,000 in dividend income from Altria over the course of the year, at such a high rate. Now, compare that to the average S&P 500 yield of 1.3%. To collect $1,000 annually from that payout, you would need to invest a whopping $77,000. There's a huge incentive to buying ...