Could Buying Altria Stock Today Set You Up for Life?
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Altria, a consumer staples giant, offers a significant dividend yield of 7.4%, making it an attractive option for income investors compared to the S&P 500's 1.2% yield and the average consumer staples stock's 2.5% yield.
December 15, 2024 | 10:45 am
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Altria's 7.4% dividend yield positions it as a strong option for income investors, especially when compared to the S&P 500 and average consumer staples yields.
Altria's high dividend yield of 7.4% is significantly above the market average, making it an attractive option for investors seeking income. This could lead to increased demand for the stock, potentially driving up its price in the short term.
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