A tobacco company and a pharmacy chain both offer enormous dividend yields, but that doesn't necessarily mean they're right for your portfolio.If you're looking for dividend stocks that can turn a modest investment into a significant source of passive income, you may want to turn your attention to the S&P 500 index. At the moment, a pair of its components, Altria Group (MO -0.02%) and Walgreens Boots Alliance (WBA 1.74%), offer mind-blowing dividend yields of about 8.2% and higher.Stocks rarely offer yields ...

If cash flow is most important to your financial or investment strategy, finding dividend stocks with the highest yields is likely a top priority. But I’d warn prospective income investors to avoid specific sectors, even if the yields seem top-notch. Specifically, REITs, business development companies (BDCs) and some high-yield ETFs like the Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) may seem a high-yield dream but often have unforeseen pitfalls and risks that present problems down the road. If you ...

You can bank these 6% to 8% dividend yields and sleep well at night.Dividends are a great investment strategy for retirees or anyone else looking for passive income that can pay their bills.But be careful: Chasing sky-high dividend yields is one of the classic mistakes investors often make. Higher yields mean more income for your money, but really high yields are usually a warning sign of trouble within a company. Remember, a dividend is only good if the company can pay it.Fortunately, some excellent ultra- ...

Why this high-yield stock could be a bargain.Income-oriented investors tend to be attracted to Altria Group (MO 0.20%) due to its high yield of 8.6% and long history of increasing its dividend every year since 2009. However, revenue growth has been difficult to come by for the company, with sales down each of the past two years as well as the first quarter of this year. That could be about to change, though, with more growth set to come from Altria's NJOY business following a recent positive announcement fr ...

Investors are giving this company too big a discount.Investors love tobacco stocks because of their high dividend yields and growing dividend payouts. Long-term shareholders in these companies have made a fortune by simply holding and watching the dividend payments pile up in their accounts.Today, Altria Group (MO 0.20%) has a dividend yield of 8.43%. The United States-focused tobacco giant can generate $1,000 in annual dividend income for investors who buy $11,862 worth of stock right now. But is this divi ...

krblokhinAltria Group (NYSE:MO) has shown some bullish rally in the year-to-date but the stock price is still 40% below the past peak of $75 hit in 2017. One of the key reasons behind the negative sentiment towards Altria stock is the rapid decline in the shipment volume of its smokeable products. In the latest quarter, total cigarette volume declined by 10% YoY and its Marlboro brand declined by 8.7%. The shipment volume has been declining for most of the last decade, and this decline has increased ove ...

Arsgera Investment thesis To avoid any misunderstandings, let me start with this statement: I own a certain stake of shares in Altria Group (NYSE:MO). I don't believe it's a "sell" and I don't intend to abandon my position. However, the current state of the business with the current valuation has put me on hold with any possible additions, as: The Company has recently been unable to offset the negative volume effect with its pricing effect within the core business Although there is some positive news r ...

Altria Group, Inc. (MO) is advancing Beyond Smoking by actively shifting millions of adult smokers toward potentially less harmful alternatives. Along these lines, the company announced that NJOY had obtained authorization from the U.S. Food and Drug Administration (FDA) for menthol e-vapor products.More on HeadlinesAltria received marketing orders for NJOY ACE Pod Menthol 2.4%, NJOY ACE Pod Menthol 5%, NJOY DAILY Menthol 4.5% and NJOY DAILY Extra Menthol 6%. NJOY ACE continues to be the only pod-based e-va ...

The Food and Drug Administration on Friday authorized the first menthol-flavored electronic cigarettes for adult smokers, acknowledging that vaping flavors can reduce the harms of traditional tobacco smoking.The FDA said it authorized four menthol e-cigarettes from Njoy, the vaping brand recently acquired by tobacco giant Altria, which also sells Marlboro cigarettes.The decision lends new credibility to vaping companies' longstanding claim that their products can help blunt the toll of smoking, which is bla ...

Tobacco stocks have a bad reputation. Investors with a particular set of ethics tend to veer away from them because the companies’ products are known to be detrimental to people’s health. However, if you take an objective view, buy-rated tobacco stocks can be good investments. That’s because, though not strictly considered as consumer essentials, tobacco products remain in massive demand despite wide-scale pushback. Many tobacco companies are also pivoting toward less damaging forms of their products. That’ ...