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Looking for Outsized Dividend Income? Buy Altria Group Stock

Kody Kester, The Motley Fool
·5-min read
Looking for Outsized Dividend Income? Buy Altria Group Stock

Altria Group (NYSE: MO) has raised its annual payouts for 53 consecutive years, putting the tobacco giant among just 48 Dividend Kings -- companies that have raised their dividends annually for at least 50 years straight. Let's dig into why the company could be a buy for income-oriented investors. Led by its top-selling Marlboro cigarette brand and secondary brands like Parliament, Altria Group is the unquestioned leader of the U.S. combustible tobacco industry.

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