The Traderszone Network

Published in TZ Latest News 12 August, 2015 by The TZ Newswire Staff

Top Dividend Stock Altria Unfazed By Global Turmoil

Tobacco giant Altria (MO) is holding near an all-time high despite headwinds in the overall stock market. The maker of Marlboro cigarettes is just below a 55.82 buy point of a cup-with-handle base. It’s up more than 10% this year, and its annualized dividend yield is 3.7%, easily outperforming the S&P 500. Cigarette sales account for 90% of Altria’s revenue. The company is thriving despite falling U.S.

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