When you talk about the most reliable dividend stocks, Altria’s (MO) name usually comes up. With an attractive dividend yield of around 6%, which is significantly higher than the consumer staples average of 1.8%, the tobacco giant remains a magnet for income-oriented portfolios. The company has also increased its payout more than 50 times in a row, making it a member of the elite group of “Dividend Kings.”
Altria stock has gained 29% year-to-date, outperforming the overall market gain of 8.5%.
