Wall Street's Favorite Passive Income Stock and 2 Others Raising Dividends This Week
Briefly

After over a decade of low interest rates, investors are increasingly relying on equities for growth and dependable dividends, crucial for improving total return.
Total return, combining both stock price increase and dividends, is an influential investment strategy. For example, a stock priced at $20 yielding 3% that rises to $22 results in a total return of 13%.
Wall Street's favorite passive income stock is expected to see its dividends raised this week, as analysts remain optimistic based on historical increases in dividend payouts.
Altria, with an impressive 8.46% dividend yield, is highlighted as a top passive income stock, driven by its extensive tobacco product portfolio.
Read at 24/7 Wall St.
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