Investors Love Altria's 10%-Yielding Dividend: Is There Hope for More in 2024?
MOAltria(MO) The Motley Fool·2024-01-01 20:11

Tobacco stocks are a controversial niche in the investing community. But regardless of your stance toward them, cigarette makers are famous for paying huge dividends. Altria Group (MO 0.40%) has raised its payouts 58 times over the past 54 years, and it yields a whopping 10% at its current share price. Dividends aren't everything, though. That share price is down nearly 50% from its high in 2017. Could investors finally get something positive out of Altria in 2024 besides its dividend? For that to happen, i ...