Two unloved stocks that fit this definition are Altria Group (NYSE: MO) and British American Tobacco (NYSE: BTI). Put just $11,000 into these two stocks and they'll pay you $1,000 in annual dividend income -- dividends that have consistently grown over the years. In 2020, that number was just over 5 trillion, which has many investors worried about the future of tobacco stocks such as Altria and British American Tobacco.
These supercharged dividend stocks, which sport an average yield of 10.45%, are ripe for the picking by opportunistic income seekers.
Three stocks that are able to lure investors in with their lofty dividends are Simon Property Group (SPG), Altria (MO), and OneMain Holdings (OMF).