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Ultra-High-Yield Altria Stock: Buy, Sell, or Hold?
MOAltria(MO) The Motley Fool·2024-10-31 08:10

Altria has a lofty 8.2% yield, but that yield comes with material risks. You shouldn't buy it unless you can handle significant uncertainty. On the surface, Altria (MO 1.10%) looks like a dividend investor's dream stock. It has increased its dividend annually for years. It has a huge 8.2% dividend yield. And it operates in the consumer staples area, which is filled with reliable businesses that sell products consumers use on a regular basis. But don't jump to hit the buy button. There's a very good reason y ...