The big draw for investors with Altria (MO -0.12%) today is the stock's huge 9.4% dividend yield. But a big yield sometimes signals big risks, which is the case for this consumer staples stock today. And why most dividend-focused investors will be better off owning a far more boring company like Realty Income (O -0.32%) despite its lower 5.3% dividend yield.Here's what you need to know.Altria's got some very bad math going onAlthough Altria can boast that it has increased its dividend annually for years on ...

公司业绩 - Altria Group (MO)是一家烟草公司，拥有9.4%的股息率和连续54年的股息增长记录[1] - MO最近调整了全年调整后每股收益指导范围，报告显示净收入下降2.4%[3] - MO通过回购股票来增加每股收益，表明管理层认为股票被低估[4] - MO在过去十年中，尽管销售量下降，但通过提高价格仍然实现了盈利增长[5] 新产品推出 - MO进入非燃烧领域，推出On!和NJOY等新产品，以适应市场需求[6] - MO在零售分销NJOY产品，预计将继续扩大市场份额[8] 风险和估值 - MO的风险包括经济衰退、监管变化和烟草产品税收增加[10] - MO的股息率为9.4%，连续54年增长，股息支付比率为77%[12] - MO的估值显示潜在上涨空间为31%，结合高股息率，有望实现两位数年回报率[18] 财务状况 - MO的现金流充裕，具有35%的总资本回报率，被评为买入[20] - MO通过推出新产品和管理债务，展现了适应市场变化和长期成功的潜力[22]

股息收入分布 - 不同投资篮子所产生的股息收入分布：Equities $377.71 (28.78%)[8] - ETFs $292.15 (22.26%)[8] - REITs $260.87 (19.87%)[8] - CEFs $229.95 (17.52%)[8] - BDCs $151.93 (11.57%)[8] 股息收入增长 - 2023年，Dividend Harvesting Portfolio的股息收入较2022年增长，达到$976.11[14] - 相当于2012年总股息收入的198.90%[14] 目标设定 - 2024年目标是在每月产生至少$100的股息收入[20] - 2023年12月收入为$92.38，希望2024年每月收入超过$125[20] 投资组合 - Dividend Harvesting Portfolio的组成包括：Industrials、Utility、Pharmaceuticals、Consumer Staples、Communication Services、Financials、Oil, Gas & Consumable Fuels、Closed End Funds[29] - 个别股票现在占Dividend Harvesting Portfolio的37.40%，但产生了28.78%的股息收入[32] - 计划在2024年增加每个资产类别的投资[32] 头寸分析 - Dividend Harvesting Portfolio的前10大头寸中，Altria Group是最大头寸，2023年末占33.66%的投资组合[40] - 前10大头寸的投资组合统计数据显示，这些头寸占投资组合的33.66%，已产生9.77%的投资资本($471.57)的股息收入[42] - 预计将产生$432.32的前瞻性股息收入[42] 公司新闻和分析 - Steven Fiorillo在Seeking Alpha上发布了关于Pfizer和PIMCO Dynamic Income Fund的文章[44] - Pfizer（PFE）被认为可能会在2024年成为一个转机故事，具有潜在增长[45] - PIMCO Dynamic Income Fund（PDI）被认为在2024年会表现良好，具有14.75%的收益率[46] - 计划在周149中增加对Exxon Mobil（XOM）和Virtus InfraCap U.S. Preferred Stock ETF（PFFA）的持仓[47]

Tobacco stocks are a controversial niche in the investing community. But regardless of your stance toward them, cigarette makers are famous for paying huge dividends. Altria Group (MO 0.40%) has raised its payouts 58 times over the past 54 years, and it yields a whopping 10% at its current share price.Dividends aren't everything, though. That share price is down nearly 50% from its high in 2017. Could investors finally get something positive out of Altria in 2024 besides its dividend? For that to happen, it ...

公司表现 - Altria集团（NYSE:MO）在股市上表现不佳，股价下跌11.6%，但仍然拥有S&P 500指数中最高的股息率，达到9.5%[1] - 在过去的十年中，Altria通过丰厚的股息支付几乎使投资者的资金翻倍，尽管股价回报仅为整个时间段的6.4%[2] - 公司的股息政策积极向上，目标是每年实现中单位数的股息每股增长[5] 财务状况 - 尽管2022年年底的不可持续股息支付比率为114.5%，但公司过去十年一直保持着稳定的股息增长[6] - 预计下一年度的股息支付比率将降至77.8%，并且公司的盈利增长表现优异[8] - 公司预计调整后的每股收益将同比增长1.5-3%，这将有助于未来股息的增长[11] 未来展望 - 假设股息支付以过去十年的复合年增长率（CAGR）6.7%增长，下一年度的股息将达到每股4.1美元，股息收益率将达到10.2%[12] - 尽管下一年度的股息看起来不错，但由于吸烟逐渐不受青睐，未来十年的股息前景存在疑问[13] - 公司的烟草产品销量下降，导致净收入下降，这可能对未来的盈利能力产生影响[14] 市场情况 - 尽管公司在电子烟市场有所投资，但市场份额相对较小，未来发展仍有待观察[16] - 目前公司的市场倍数看起来还不错，尤其是与烟草行业平均倍数相比[19] - 尽管公司在TTM基础上看到收入下降，但盈利能力却有所增加，这可能对股价有所提振[20] 投资建议 - 未来股价可能会有25%的增长空间，即使增长幅度较小，对于投资者来说仍然是一项值得考虑的投资[21] - 在短中期内，购买Altria股票是有理由的，但对于长期投资者来说，需要密切关注公司的发展情况[23]

Fool.com contributor Parkev Tatevosian compares Verizon (VZ 0.48%) to Altria Group (MO) to determine which is the better buy for passive income investors. *Stock prices used were the afternoon prices of Dec. 26, 2023. The video was published on Dec. 28, 2023. ...

PM Images We're headed into the last week of 2023, and I am not sure anyone could have predicted where the markets would have ended up. After an unpredictable Fed, rates continuing to rise, a regional banking debacle, and an AI boom, the S&P 500 is up 24.33% YTD, while the Nasdaq has increased 43.12%. The Santa Clause rally is still intact as the S&P 500 appreciated by 0.45% this week while the Nasdaq rallied into the holiday weekend by 1.01%. I think we're going to keep the momentum going into the new ...

Parkev Tatevosian, CFA - Parkev Tatevosian在所提及的股票中没有任何持仓[1] - Parkev Tatevosian是The Motley Fool的关联方，可能会因为推广其服务而获得补偿[2]

ugurhan With December ending soon and the markets on an uptrend, I decided to add to some of my lagging existing positions. I couldn't resist these juicy yields, as a result of stock price declines, and decided to deploy a small amount of cash this month. My preferred method has always been to dollar cost-average into stocks. I nibble here and there every month, no matter the market conditions. Sometimes my dollars buy me quite a few shares, other times the same amount buys me less. Either way, I am buildin ...

A thousand dollars might seem like loose change in the world of dividend investing. After all, a $1,000 investment in a dividend stock with a 5% yield would generate only $50 in extra cash each year -- and that gain could easily disappear if the underlying stock sheds more than 5% of its value. That's why many dividend investors shifted toward safer CDs and T-bills as interest rates rose over the past two years.However, over time investors who buy a stable dividend stock and reinvest its dividends can still ...