America’s Greatest Dividend Posts Strong Earnings
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The post America’s Greatest Dividend Posts Strong Earnings appeared first on 24/7 Wall St..With a 5.8% yield, a rock-solid balance sheet, and products people are addicted to, what better dividend buy is there than Altria (NYSE: MO)? Add to this the fact that it has increased its dividend 61 times in the last 57 years. It also beat earnings expectations, raised its earnings outlook, and triggered a 6% two-day rise in its shares. Those shares are up 33%, while the S&P is up only 13%.
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