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Is Altria's 9% Monster Dividend Yield Safe?

TheMotleyFool

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Is Altria's 9% Monster Dividend Yield Safe?: https://g.foolcdn.com/editorial/images/703146/worker-vapes-while-on-break.jpg

Given Altria's (NYSE: MO) dividend, one can forgive casual observers for assuming Altria's cash yield is a dividend trap. The yield currently comes in at 9.1%, more than five times the average S&P 500 dividend return of around 1.75%.

Nonetheless, while Altria is a troubled stock on some levels, its more prominent issues do not relate to its finances. Considering the continuing long-term growth of its payout, income investors could profit from taking a position in this tobacco stock.

Source Fool.com

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