Altria’s 56th Dividend Hike: Is the 6% Yield Still a Safe Bet for Income Investors?

Altria’s 56th Dividend Hike: Is the 6% Yield Still a Safe Bet for Income Investors?

Key Points in This Article: Dividend stocks like Altria (MO) offer passive income and compounding returns, ideal for long-term wealth creation. Altria’s 56 consecutive years of dividend increases cement its status as a Dividend King with a 6% yield. The high yield and consistent payouts make Altria attractive, but industry challenges raise questions about its buy-worthiness. Sit back and let dividends do the heavy lifting for a simple, stead…