Altria (NYSE:MO) offers a tantalizing 7.2% dividend yield, paying $1.02 per share quarterly, making it a popular stock for income investors.
Altria (MO) reachead $56.32 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close.
Altria Group Inc. (NYSE: MO) has a forward yield of 7.1%.
Altria stock is a strong buy due to its reliable cash flow, high dividend yield, and recession-proof product. The company meets key recession-proof criteria: essential product, strong cash flow, pricing power, dividend stability, and a solid balance sheet. Despite a shrinking cigarette market, Altria's growth in smokeless and vaping products shows potential for revenue and earnings growth.
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British American Tobacco (BTI -4.63%) has a dividend yield of 7.2%, while Altria's (MO -3.17%) yield is 6.9%. But those high yields come with a notable risk related to the company's long-term financials.
24/7 Wall St. Key Points: Dividend champions are companies that have raised dividends for 25+ consecutive years, regardless of market cap or S&P 500 inclusion, offering a broader pool than aristocrats or kings. Stocks on the dividend champion list, such as Altria (NYSE: MO), have proven resilient by maintaining payouts through crises like the 2008 financial meltdown. Even minimal annual dividend increases preserve a company’s champion status, reinforcing their commitment to income-focused investors. As good as the dividend champions are… the dividend legends are even better. They are a rare class of stock that can’t stop making investors rich. Click here to learn more. Watch the Video Click Here Transcript: [00:00:04] Doug McIntyre: So we have something now called dividend champions. There are other dividend kings. Dividend aristocrats, right. Tell me what are dividend champions? [00:00:16] Lee Jackson: Well, they’re similar to the dividend aristocrats and dividend kings in that the stocks that make up the portfolio. And these are very good stocks for our readers and our viewers to watch because in dividend aristocrats, they have to have raised their dividend for 25 years or more, and they have to be part of the S&P 500. [00:00:37] Lee Jackson: To be a dividend king, you have to raise your, dividend for 50 years or more. But you don’t have to be, you do not have to be in the S&P 500. The interesting thing about the dividend champions, and this is why we like to write about it and suggest it to, viewers, is that. they have to have been raising their dividends for 25 years or more. [00:01:00] Lee Jackson: But a dividend champion can be, any market cap doesn’t have to be in the S&P 500. So it expands the list a lot bigger than e either the dividend kings or the dividend aristocrats where, which were about in the fifties. I think there’s 150 some odd dividend champions, and a lot of the names are smaller names that don’t make the other ones because, they don’t even have the market cap, or they’re not in the S&P. [00:01:28] Lee Jackson: But for our viewers, that are thinking hard about dividend stocks, this is the place to be because any company, and Altria is one of them, and it’s a stock. I know you, like anybody that’s raised their dividend for 25 years or more is a best bet for people looking for growth and income because that dividend’s gonna be there and it’s gonna go up. [00:01:52] Lee Jackson: it’s not just gonna stay static, it’s gonna go up, and that helps you keep up with inflation. That is exactly what we, try to always stress total return. And dividend stocks really help. [00:02:05] Doug McIntyre: Well, the thing I love about stocks that have made it 25 years small, big, medium sized, is that means that they paid dividends through the Great Recession. [00:02:16] Doug McIntyre: Right? So if you, said to me, what’s a battle tested dividend? My battle test for dividends is what about the worst economic period of the second half of the 20th century if you were still sending those checks out to people and you didn’t have to cut. That means, in a better economic environment like the one we’re in right now, the chances of that thing being solid are pretty close to a hundred percent. [00:02:44] Lee Jackson: Oh, absolutely. And the thing is for, many of these companies, even if they only raise it a penny. And sometimes that’s the case. They don’t have the kinda year where they can raise, the Altria increase recently for their shareholders was over 4%, in terms of the dividend. [00:03:01] Lee Jackson: Well, hey, if you can’t do that, they don’t wanna lose the designation as dividend aristocrat or dividend king or dividend champion. So they’ll raise it by a penny. But yeah, I mean, that’s a really good point, Doug. Is that. Any company that can survive due through what we saw in, ’06 , ’07, ’08, and then just a total meltdown in ’08 and ’09. [00:03:25] Lee Jackson: Anyone that could keep paying their dividend during that struggle, that’s the kinda stock that growth and income investors need to have in their portfolios. And there’s a ton of them. And we write about it at 24/7 all the time because new co new companies go in, sometimes they drop out. Walgreens was a perfect example. [00:03:43] Lee Jackson: It was in there for years, but they had to slash their dividend and AT&T (NYSE: T) was one. There’s been other companies that were big name companies that, Stopped, that didn’t raise their dividend. And that’s all that’ll do. I mean, whether it’s a penny or a dime or 20 cents, if you raise it at all, you keep your classification. [00:04:03] Lee Jackson: So I think it would be really smart. And you’re right. Look at, and there’s, the nice thing about the dividend champions is the stock list is so much broader than the other two. So it’s probably a good, it’s a good idea for those that are looking for quality, passive income and looking for dependability, these are the stocks you need to look at that are in the dividend champions. The post Dividend Champion Stocks Make More Sense Than Kings or Aristocrats, And Includes The Best Dividend Stock of All Time (MO) appeared first on 24/7 Wall St..
President Donald Trump's long-discussed overhaul of U.S. trade policies culminated in updated tariffs on more than 180 countries this week. This tariff plan has been anticipated for a while, and a lot was (and still is) at stake for thousands of American companies and their customers.
In the closing of the recent trading day, Altria (MO) stood at $57.89, denoting a +1.35% change from the preceding trading day.
Only a few investors have heard of Altria Group Inc. (NYSE: MO).
Altria Group (MO -2.70%) stock was as popular as a used cigarette on Wednesday. The veteran tobacco company saw its share price wither by nearly 3% on the back of a U.S. Supreme Court ruling that hardly does it any favors.
Tobacco giant Altria (MO -1.77%) provides a tremendously high dividend yield of 7%, which is well above the S&P 500 index average of 1.3%. But it comes with risks, as its business has been struggling to grow in recent years, and its rate of dividend increases has been modest.