Can Altria Sustain its Massive Dividend?
Shares in tobacco giant Altria (NYSE: MO) have been under pressure due to regulatory headwinds in the U.S. and challenges with its JUUL Labs vaping investment. These problems have sent the company's share price down around 20% from its 52-week high. But Altria still has an eye-catching 7.20% dividend yield that is sure to draw the attention of income hungry investors.
Does the massive payout make Altria a buy -- or is the cigarette stock best avoided like its controversial products?
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Source Fool.com
