"2024's Top Dividend Investments: High Yields and Growth Prospects"
Altria Group, a major tobacco company, is attracting investors with its substantial 10% dividend yield, despite its share price dropping nearly 50% since 2017. The company's revenue is still heavily reliant on traditional cigarette sales, which are declining. Altria's attempts to diversify, such as its investment in Juul, have not been successful. Analysts have lowered growth expectations, and without significant changes, the stock may not offer much upside in 2024. However, the dividend payout ratio remains manageable, suggesting that dividends could continue to be a reliable return for investors, even if total investment returns may be limited.