But what if you found a company that could rack up mega-returns even if its stock price stays flat? That's the situation with the high-yield dividend stock Altria Group Inc.(NYSE:MO) - a company I've recommended to my subscribers for doing just that.
Altria Group logo Altria Group Inc (NYSE:MO) issued an update on its FY14 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.54-2.59 for the period, compared to the Thomson Reuters consensus earnings ...
Altria does face one problem if SABMiller is bought out -- taxes. Due to its large gains, the company would likely need to pay a hefty tax, ranging from 35% to 50% depending on the source, if it were to sell its SABMiller shares.
For a number of reasons, Altria Group (NYSE:MO) has been a clear long-term outperformer. For one, the company is a perfect example of a dividend-growth stock with its high current yield and annual dividend increases.