Dividend-News

Daily dividend news for investors in dividend stocks


Altria Represents One Of The Safest Ultra-High Yields You Can Find Today

Published Sat, 30 May 2020 07:00:00 -0400 on Seeking Alpha

Over the past 33 years, Altria has compounded shareholder wealth at 17% CAGR.
Altria's liquidity is now $5.5 billion – almost enough to cover the dividend all on its own.
Altria’s 9x earnings and 8.6% yield most assuredly compensates investors for its risk profile.
As you may already know, I'm predominantly known for my REIT writing capabilities, but more recently I have begun to explore many other stocks within the "Dividend King" coverage spectrum.
As one of the co-founders of Dividend Kings (on the marketplace) I am continuously looking for non-REITs to complement my own retirement portfolio, while also providing meaningful value to readers.
As my iREIT on Alpha marketplace service continues to grow, I have made the decision to provide the most in-depth REIT articles for paying members. They all appreciate the exclusivity of my research, and of course, that gives me more flexibility with publishing free non-REIT articles like this one.
Today I'm sharing with readers a recent SWAN pick that I recently purchased (shares), and like "any" SWAN pick, it has risks. However, thanks to my co-producer, Dividend Sensei, the investment thesis has been carefully researched in order to provide optimal analysis, in which I'm confident that my principal is being protected at ALL costs.

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Altria Group (MO) – which manufactures and sells cigarettes, smokeless products, and wine – is a legendary and beloved high-yielding dividend king. That's for two reasons.
First, it's raised its dividend for 50 consecutive years – since 1970. That includes through six recessions, highlighting the resiliency of Altria's cash flows and dividend-friendly corporate culture.
Altria Total Return Since 1986



(Source: Portfolio Visualizer)
The other reason Altria has been so popular is that, even with its three-year bear market – resulting in a 40% peak decline that’s the fourth worst fall in its history – this... Read more