All It Takes Is 226 Shares of Altria Stock to Earn $1,000 a Year in Dividends. Is It Worth It?
Altria (NYSE: MO) , the largest tobacco company in the U.S., has raised its dividend annually for 57 consecutive years. That makes it a Dividend King , or a company that has increased its payout for at least 50 straight years. It currently pays a forward yield of 6%. If you buy 227 shares of Altria today for $16,632, you'll earn $1,000 in annual dividends. Image source: Getty Images. Continue reading