Time to Buy the Dip on This 8.1% Hyper-Yield Dividend King?

Most investors who buy Altria Group (NYSE: MO) stock aren't doing it in hopes of enjoying explosive share price gains. The stock has underperformed the S&P 500 for years. But the dividend? That's another story. Altria is a world-class dividend stock with a massive yield and a track record of payout hikes spanning more than five decades.The Dividend King has shown some life this year. This month, the stock climbed above $56 to its highest price since early 2022 before retreating to around $50.That pullback could make this a perfect buying opportunity for dividend-hungry investors looking for double-digit percentage annual investment returns.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool