High Dividend Yields: How Altria (MO) Earned its Spot as Best Performing in 2025 Dividend Stock

Altria Group, Inc. (NYSE:MO) is included among the 15 Best Performing Dividend Stocks So Far in 2025.

High Dividend Yields: How Altria (MO) Earned its Spot as Best Performing in 2025 Dividend Stock

mmoktp/Shutterstock.com

Altria Group, Inc. is among the world’s biggest tobacco companies, owning popular brands such as Marlboro, Black & Mild, Parliament, Copenhagen, and Skoal. While some investors may hesitate to back a tobacco business, those who do are usually drawn by its exceptionally high and steadily growing dividend.

Altria Group, Inc. owns the US rights to the iconic Marlboro cigarette brand and has long followed a steady strategy to maximize cash flow from the declining cigarette market. Despite falling sales volumes and reduced consumer demand, the company offsets these declines by regularly increasing cigarette prices.

On August 21, Altria Group, Inc. declared a 3.9% hike in its quarterly dividend. This was the company’s 60th dividend increase in the past 56 years, which makes it one of the best performing stocks. It currently offers a quarterly dividend of $1.06 per share and has a dividend yield of 6.49%, as of September 15.

READ NEXT: 13 Best Consistent Dividend Stocks to Buy Now and 10 Best Strong Buy Dividend Stocks to Invest in Now.