Ultra-High-Yield Altria Stock: Buy, Sell, or Hold?

On the surface, Altria (NYSE: MO) looks like a dividend investor's dream stock. It has increased its dividend annually for years. It has a huge 8.2% dividend yield. And it operates in the consumer staples area, which is filled with reliable businesses that sell products consumers use on a regular basis.But don't jump to hit the buy button. There's a very good reason you might want to sell Altria.Probably the biggest reason to buy Altria is its huge 8.2% dividend yield. That compares to a yield of just 1.2% for the S&P 500 index (SNPINDEX: ^GSPC) and a yield of just 2.5% for the average consumer staples stock, using Consumer Staples Select Sector SPDR ETF (NYSEMKT: XLP) as an industry proxy. Think about that for a second. Altria's yield is nearly seven times larger than that broader market's yield and over three times the size of the yield offered by the average consumer staples company.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool