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This Stock Is Up 13% This Year and Has an 8.5% Yield
MOAltria(MO) 247wallst.com·2024-05-17 11:10

This Stock Is Up 13% This Year and Has an 8.5% Yield asimzb / Flickr 24/7 Insights:Altria Group Inc. (NYSE: MO) has several reasons for its generous dividend.Its yield is almost certain to stay high for years.The share price of Altria Group Inc. (NYSE: MO), the tobacco company, has risen 14% this year to about $46. That compares to an 11% gain for the S&P 500. The stock also has an 8.52% dividend yield. Altria is rarely purchased because it is a candidate for sharp price increases, so for some investors, ...