15 Best High-Yield Dividend Stocks for 2025 and Beyond

2. Altria Group, Inc. (NYSE:MO)

Dividend Yield as of May 9: 6.87%

Altria Group, Inc. (NYSE:MO) is a tobacco company based in Virginia, US. The company manufactures a wide range of related products, including cigarettes and other nicotine products. To offset the decline in smoking rates, Altria has consistently raised prices in recent years to sustain its revenue. This strategy is reflected in its Q1 performance. During the quarter, the company’s cigarette shipment volumes fell by 13.7%. Shipments of its flagship Marlboro brand decreased by 13.3%, while shipments of other premium brands dropped by 9.2%. Discount brand shipments saw a significant decline of 24.9%, and cigar volumes were down by 2.9%.

That said, Altria Group, Inc. (NYSE:MO)’s smokeable products segment showed strong growth in adjusted operating income, driven by the performance of Marlboro. In the oral tobacco products segment, on! continued to gain traction in a competitive market, with Helix making strategic investments to support the brand. The company’s revenue for the quarter came in at $4.5 billion, which fell by 4.2% on a YoY basis and also missed analysts’ estimates by $96.2 million.

During the quarter, Altria Group, Inc. (NYSE:MO) returned $1.7 billion to shareholders through dividends, showing its commitment to returning value. The company’s cash position remained strong as it ended the quarter with $4.7 billion in cash and cash equivalents. Its quarterly dividend comes in at $1.02 per share and has a dividend yield of 6.87%, as of May 9. The company has been raising its dividends for the past 55 consecutive years.