The Income Investor

Altria Smokes The Competition, Offering Value And A 5.9% Yield

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For investors seeking a defensive, value stock with an outsize yield, Altria (MO) is a name worth watching. Best known for its iconic Marlboro cigarettes, Altria focuses on selling tobacco and smoke-free products in the domestic U.S. market. With a strong record of dividend growth and a 5.9% yield, Altria stands out on paper as one of the top dividend…