Altria Group offers solid dividend yield of 7.1%, recommended for income investors

From Yahoo Finance: 2025-03-27 08:55:00

Altria (NYSE: MO) is a top choice for dividend income, having raised its payout for 55 consecutive years. To collect $1,000 in dividends by 2025, you would need 245 shares based on the current quarterly payment of $1.02 per share. With an average yearly growth in dividend of over 6.5%, Altria’s 7.1% dividend yield remains solid. While the company faces challenges from the smoking cessation movement, its dividend payments are expected to remain reliable. The Motley Fool recommends investing in companies like Nvidia, Apple, and Netflix, which have shown significant returns over the years.



Read more at Yahoo Finance: Here’s How Many Shares of Altria Group You Should Own to Get $1,000 in Yearly Dividends