This 7.7%-Yielding Sin Stock Just Increased Its Dividend Payment
Although the stock market has generally held up during the past couple of years, both the S 500 and Nasdaq Composite experienced some hefty selling during the past month. While sell-offs are par for the course in the market, they can be quite jarring for inexperienced investors.
One company that has been a consistent winner for decades is tobacco company Altria (NYSE: MO). Altria is considered to be a sin stock due to the products it sells -- primarily cigarettes.
Although investing in sin stocks may not be for everyone, I see a couple of encouraging reasons to give Altria a look. Let's explore why now could be a great opportunity to buy Altria shares.
Source Fool.com
