If You Invested $100 a Month in This High-Yield Dividend Stock, Here's the Dividend Income It Produced Over 10 Years
Altria (NYSE: MO) , the largest tobacco company in the U.S., pays a forward dividend yield of 5.9%. It's raised its dividend annually for 57 consecutive years, making it a Dividend King that has increased its payout for at least 50 straight years. If you had invested $100 per month over the past ten years into Altria, your principal would have grown from $12,000 to $13,800. But you would also have received about $4,800 in dividends. Image source: Getty Images. Continue reading