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

$75B

Today's Change

(-0.37%) -$0.16

Current Price

$43.38

Price as of April 26, 2024, 4:00 p.m. ET

Investing in this dividend stock could generate significant passive income for dividend stock investors in 2024 and beyond.

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.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.