Is Altria Stock a Value or a Value Trap?
It's no exaggeration to say that Altria (NYSE: MO) might be the best dividend stock in history.
The domestic tobacco company has raised its dividend 57 times in the last 53 years, most recently hiking the quarterly payout by 4.4% in August to $0.94 a share.
In fact, for much of the last 50 years, Altria was the best stock you could own largely due to its rising dividend payments. According to Wharton professor Jeremy Siegel, $1 invested in Altria in 1968 turned into $6,638 by 2015 with dividends reinvested.
Source Fool.com
