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home / news releases / SPYD - 6-9% Yielding Dividend Growers: 1 To Avoid And 3 To Buy

SPYD - 6-9% Yielding Dividend Growers: 1 To Avoid And 3 To Buy

SPDR Series Trust Portfolio S&P 500 High Dividend

2024-03-20 16:43:25 ET

Summary

  • Altria stock has been soaring lately due to positive catalysts such as solid Q4 results and a major share buyback plan.
  • That being said, there are a few major reasons why we remain unimpressed by the MO investment thesis.
  • We share three high-yielding stocks with much better prospects than MO stock right now.

Altria stock ( MO ) is on a tear right now, significantly outperforming the S&P 500 ( SPY ) and high-yield space ( SPYD ) over the past two weeks:

Data by YCharts

For further details see:

6-9% Yielding Dividend Growers: 1 To Avoid And 3 To Buy
Stock Information
Company Name: SPDR Series Trust Portfolio S&P 500 High Dividend
Stock Symbol: SPYD
Market: NYSE
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