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Sleep Well at Night in 2023 With This 8.5% Dividend Stock

Sleep Well at Night in 2023 With This 8.5% Dividend Stock

Retirees or others looking for dividends can look at tobacco staple Altria Group (NYSE: MO) to stabilize their portfolio and put some money in their pockets. Altria isn't a stock for everyone, but here is why those holding it can sleep well at night, knowing that their investment is generating reliable dividend income. Zoom out enough, and you'll see that Altria's been a rough stock to hold over the past five years.