1 Dividend Stock Yields 9.5%, Another 5.3%, but Only 1 Can Be the Best Dividend Stock to Buy for Passive Income Investors in 2024

By Parkev Tatevosian, CFA – Feb 2, 2024 at 5:00AM

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

Passive income investors have a choice between two high-yield dividend stocks.

Fool.com contributor Parkev Tatevosian compares Altria (MO -0.37%) and Ford (F -1.92%) to determine which is the better investment for passive income investors.

*Stock prices used were the afternoon prices of Jan. 30, 2024. The video was published on Feb. 1, 2024.

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.