A "Smoke-Free" Partnership Could Breathe New Life Into This Dividend King
Success with this collaboration could secure Altria's ultra-high dividend for years to come.Altria Group (MO -0.03%) is not only a Dividend King with over 50 consecutive years of dividend growth. The parent of Marlboro maker Philip Morris USA is currently the highest-yielding Dividend King out there, with a forward yield of 6.45%.Altria's forward yield has been even higher in the past, prior to the stock's recent surge from around 66 per share this month. Much of ...