Should Income Investors Buy This Ultra-High-Yielding Blue Chip Stock?
Everybody can probably agree that living expenses are seemingly relentless. No matter what is going on in the world, receiving goods and/or services means you are going to eventually have to pay for them.
Dividend stocks can help investors cover these unrelenting living expenses because they provide regular Dividend payments. This is a big reason why Dividend stocks maintain significant interest from investors and why they tend to hold on to them for years.
Having raised its dividend annually for 53 years straight, Altria Group (NYSE: MO) is in the company of Dividend Kings -- a group of companies that have boosted their dividends for 50 or more consecutive years. But does the company's sterling dividend-growth track record justify a buy rating for income investors?
Source Fool.com
