Altria Delivers a Perfect Quarter for Retirees
U.S. tobacco giant Altria Group (NYSE: MO) recently reported its fiscal 2021 fourth-quarter numbers for the year ending Dec. 31. Altria is one of the best-performing stocks in history, but its days of making investors rich are likely over. Nonetheless, if you're retired or looking for consistent, juicy dividends, you're in luck.
Altria has turned into a cash cow despite the general decline of smoking in the United States. Its dividend offers a 7.1% yield, and there are three reasons that retirees should be able to count on their dividend checks for the foreseeable future.
Source Fool.com