Pfizer and Altria Offer Attractive 6%+ Dividend Yields for Income Investors
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Pfizer and Altria are high-yield dividend stocks to consider buying now. Both offer dividend yields above 6%.
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Pfizer has raised its dividend for 15 straight years. Its stock price has fallen due to declining COVID product sales, making its yield attractive.
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Altria has raised its dividend for over 50 years. Its stock price has fallen due to declining cigarette sales, pushing its yield over 9%.
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Both Pfizer and Altria generate enough earnings to continue paying and likely raising their dividends.
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At current valuations, both stocks appear to be good long-term income investments.