Advertisement
Canada markets open in 6 hours 7 minutes
  • S&P/TSX

    21,740.20
    -159.79 (-0.73%)
     
  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     
  • DOW

    37,735.11
    -248.13 (-0.65%)
     
  • CAD/USD

    0.7251
    -0.0002 (-0.03%)
     
  • CRUDE OIL

    85.80
    +0.39 (+0.46%)
     
  • Bitcoin CAD

    87,445.99
    -4,170.01 (-4.55%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,389.00
    +6.00 (+0.25%)
     
  • RUSSELL 2000

    1,975.71
    -27.47 (-1.37%)
     
  • 10-Yr Bond

    4.6280
    0.0000 (0.00%)
     
  • NASDAQ futures

    17,858.50
    -17.75 (-0.10%)
     
  • VOLATILITY

    19.23
    0.00 (0.00%)
     
  • FTSE

    7,868.16
    -97.37 (-1.22%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • CAD/EUR

    0.6825
    +0.0001 (+0.01%)
     

Looking for Outsized Dividend Income? Buy Altria Group Stock

Looking for Outsized Dividend Income? Buy Altria Group Stock

Altria Group (NYSE: MO) has raised its annual payouts for 53 consecutive years, putting the tobacco giant among just 48 Dividend Kings -- companies that have raised their dividends annually for at least 50 years straight. Let's dig into why the company could be a buy for income-oriented investors. Led by its top-selling Marlboro cigarette brand and secondary brands like Parliament, Altria Group is the unquestioned leader of the U.S. combustible tobacco industry.