Is Altria Group, Inc. (MO) The Top High Dividend Yielding Consumer Defensive Stock To Buy?
From Yahoo Finance: 2025-03-27 21:01:00
Consumer defensive stocks, like Altria Group, Inc. (MO), are popular in uncertain times due to essential product sales and strong pricing power. The US market’s struggles make these stocks appealing for portfolio protection. Altria offers a high dividend yield above 7%, with strong financials and positive earnings growth.
Altria Group, Inc. is a leading manufacturer and distributor of tobacco products, boasting a dividend yield over 7%. Strong quarterly earnings, revenue growth, and improved margins highlight its financial stability. A $1 billion share buyback program and projected EPS growth further enhance its appeal as a top consumer defensive stock.
With a focus on shareholder returns, Altria ranks 2nd on the list of high dividend yielding consumer defensive stocks. While promising, some AI stocks may offer greater potential for higher returns in a shorter timeframe. Investors seeking a promising AI stock trading at a low earnings multiple can explore the report on the cheapest AI stock for massive gains.
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