Dividend King Altria Recently Raised Its Quarterly Dividend by Nearly 5%. Is the Stock a Buy?

Key Points Altria is the owner of several well-known tobacco, e-cigarette, and nicotine pouch brands. The company carries a very strong dividend yield. However, through the first six months of the year, dividends paid exceeded free cash flow. 10 stocks we like better than Altria Group › Investing in dividend stocks is a great way for investors to establish a passive stream of income that is often more reliable than investing solely for appreciation. However, there is more to dividend investing than meets the eye. Companies may be forced to cut their dividends if their operations start to slip, and high dividend yields can turn into a trap. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.