T - Better High-Yield Dividend Stock to Buy Now: AT&T vs. Altria Group
2024-06-15 05:31:00 ET
Investors looking for high-yield dividend stocks that can raise their payouts further may want to look at the telecommunications and tobacco industries.
Shares of telecommunications giant AT&T (NYSE: T) offer an eye-popping dividend yield above 6% at recent prices. Altria Group (NYSE: MO) has been offering an even higher yield to investors willing to take a chance on the U.S.-based tobacco company.
To find out which of these two stocks is the better buy, let's start by looking at what has their prices under pressure lately.
For further details see:
Better High-Yield Dividend Stock to Buy Now: AT&T vs. Altria Group