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Altria Becomes Dividend King of S&P 500

Summary by 247wallst.com
Cigarette maker Altria Group Inc. (NYSE: MO) now has the best yield of any stock in the S&P 500 at 8%. There is a chance that if there is a flight to safety because of tariffs, then shares surge. Aside from the dividend, the stock is up 21% in the past year, which is just short of the S&P 500’s performance. For stockholders, it is an impressive double-barreled option. The company has raised its dividend 59 times in the past 55 years. 24/7 Wall …

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The Bahart Express News broke the news in Greater Noida, India on Sunday, February 2, 2025.
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