Is Altria Group (MO) the Best Dividend Growth Stock with High Yields?
From Yahoo Finance: 2025-05-14 11:05:00
Investors flock to dividend-paying stocks for long-term benefits. Amid market volatility, companies like Altria Group, Inc. (NYSE:MO) stand out. Dividend growers often outperform the market, with an average annual return of 10.5% from 2005 to 2024. Global dividend payments surged in 2024 to $1.75 trillion, with record highs in various sectors.
Altria Group, Inc. (NYSE:MO) remains a top dividend growth stock with a 7.21% yield as of May 13. Despite volume declines in tobacco products, the company’s Marlboro brand drives growth. Altria distributes $1.02 per share quarterly, with 55 years of consecutive dividend growth. While MO ranks first, other undervalued stocks may offer higher returns.
Looking for a deeply undervalued dividend stock? Altria Group, Inc. (NYSE:MO) ranks high but consider other options. With $4.5 billion revenue and strong dividend history, MO offers stability. However, explore our report on a dirt cheap dividend stock for potential higher returns. Engage with top hedge fund strategies for market outperformance.
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