My, Oh My: This 8.5% High-Yield Dividend Stock Is a Magnificent Buy
Which stock has a massive dividend, solid growth outlook, and dirt-cheap valuation -- all primed for strong investment returns moving forward? That would be British American Tobacco (NYSE: BTI).
Admittedly, tobacco stocks aren't for everyone, and it's understandable if a company like this is an automatic no-go for your portfolio. But for those interested, the hated nature and the stigma of the tobacco sector have presented an arguably tremendous investment opportunity.
British American Tobacco is making strides in building its future business while offering one of Wall Street's most enormous dividends. Factor in the stock's share price, near 52-week lows, and you have a potential market-beater. Here is what you need to know.
Source Fool.com
