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.
Zacks.com users have recently been watching Altria (MO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Altria (MO) gains from its pricing power and focus on Oral Tobacco Products amid a rising cost scenario.