From Yahoo Finance: 2024-06-02 13:14:00

Many people seek passive income from stocks with dividends, but the S&P 500’s average dividend yield is just 1.35%. Altria Group yields a robust 8.6%, thanks to consistent earnings growth fueled by price hikes and stock buybacks. In contrast, Philip Morris International offers a 5.2% dividend yield, driven by its strong presence in new tobacco products. While Altria has higher potential for future dividend growth, Philip Morris may be a better long-term bet with more durable international cigarette consumption. Both stocks have pros and cons, but Philip Morris International appears to be the better choice for dividend investors.



Read more at Yahoo Finance: Which Is Better for Passive Income Investors?