Altria Group: Both Dividends And Price Growth Likely For Now

Joe Raedle Tobacco company Altria Group (NYSE:MO) has had a poor year at the stock markets with an 11.6% decline in share price, which is in stark contrast with the near 25% increase in the S&P 500 (SP500) index. But MO still stands out for having the highest dividend yield among all S&P 500 stocks, at 9.5%. And it's no unreliable dividend either, with the company's impressive 54-year track record of consistent dividend payments. In fact, over the past decade, it has nearly doubled investor money because of ...