Altria (NYSE: MO) has shown remarkable resilience in the current market, with a notable 12% increase year-to-date and a 7.1% dividend yield, positioning it as an attractive safe haven stock. This is particularly relevant during economic downturns, where stocks like Verizon (NYSE: VZ) and other consumer staples also perform well due to their essential nature. Investors are encouraged to evaluate stocks based on total return, incorporating both price appreciation and dividends, as consistent dividend payers like Altria offer a sense of security for those wary of market fluctuations.
Altria’s 12% year-to-date rise and a 7.1% dividend yield make it a strong defensive stock, proving its value in volatile market conditions. Investors should consider consistent dividend payers.
Altria has raised its dividend 59 times in 55 years, proving its reliability. This makes it a preferred choice for investors looking for stability amid market turmoil.
Collection
[
|
...
]