Fool.com contributor Parkev Tatevosian discusses why he likes this dividend stock, particularly for passive income investors.
*Stock prices used were the afternoon prices of Dec. 25, 2023. The video was published on Dec. 27, 2023.
1 Fantastic Dividend Stock Yielding Nearly 10% to Buy Hand Over Fist for 2024
By Parkev Tatevosian, CFA – Dec 27, 2023 at 6:23PM
NYSE: MO
Altria Group
Market Cap
$104B
Today's Change
(-7.81%) $4.84
Current Price
$57.13
Price as of October 30, 2025 at 4:00 PM ET
Investing in this dividend stock could generate significant passive income for dividend stock investors in 2024 and beyond.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.