1 Dividend Stock Yields 9.5%, Another Yields 9.2%, but Only 1 Can Be the Best Dividend Stock to Buy

By Parkev Tatevosian, CFA – Jan 12, 2024 at 6:00AM

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

This is an epic battle between two high-yield dividend stocks for passive income investors to consider.

Fool.com contributor Parkev Tatevosian compares two dividend stocks yielding nearly 10% to determine the better investment for investors.

*Stock prices used were the afternoon prices of Jan. 9, 2024. The video was published on Jan. 11, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends British American Tobacco P.l.c. and recommends the following options: long January 2024 $40 calls on British American Tobacco P.l.c., long January 2026 $40 calls on British American Tobacco P.l.c., and short January 2026 $40 puts on British American Tobacco P.l.c. 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.