5 Large-cap Stocks with Highest Dividends

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

Dividend Yield as of March 28: 6.38%

Topping our list of the Large Cap Stocks with the Highest Dividends is Altria Group, Inc. (NYSE:MO). It is an American tobacco company that manufactures a wide range of related products, including cigarettes and other nicotine products.

Altria Group, Inc. (NYSE:MO) announced on March 23 that it is expanding the distribution of its on! PLUS nicotine pouches to retailers nationwide. The product had previously been launched online and at participating retailers in North Carolina, Florida, and Texas.

on! PLUS is a next-generation, sit-free oral nicotine pouch made by Helix, an Altria operating company. It is the first product authorized through the FDA’s pilot program designed to expedite the review of premarket tobacco product applications. It comes in three flavors and two nicotine strengths. on! PLUS is now expected to reach participating retailers across the country starting March 23.

Nick MacPhee, Managing Director at Helix, commented:

“The national expansion of on! PLUS is an exciting milestone for Helix and a meaningful step forward in Altria’s Vision of Moving Beyond Smoking ®. As adult consumers continue to seek smoke‑free alternatives, on! PLUS reflects our focus on quality, innovation, and responsibly meeting demand within science‑based regulatory frameworks.”

Known for its high shareholder distributions, Altria Group, Inc. (NYSE:MO) bumped its dividend by 3.9% in 2025, marking the 60th increase in the last 56 years. The company intends to build on this momentum and target a mid-single-digit dividend per share growth annually through 2028.

With an annual dividend yield of 6.65%, Altria Group, Inc. (NYSE:MO) is placed among the 14 Best American Dividend Stocks to Invest in.

While we acknowledge the potential of MO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MO and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 15 Dividend Stocks to Buy for Steady Income and Dividend Kings and Aristocrats List: 32 Biggest Stocks

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