Despite doomsday forecasts, this dividend king still offers a whopping 9.6 % yield.

Altria stock boasts a massive 9.6% dividend yield, despite ongoing tobacco industry concerns

[{"selector":"#anim-a46a70ef-16b8-4098-9d49-0aee888beaac [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.0658141036401503e-14%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con

Q3 revenues fell modestly, but earnings remained stable with disciplined cost management

[{"selector":"#anim-96d01020-5c98-4157-a1f2-05af0d328826 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con

Cigarette volumes declined 11.6%, but price hikes almost entirely offset impact

[{"selector":"#anim-ddfe2bc1-1a97-44b1-9ecc-eaa0b36ab2c2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con

Oral tobacco revenues grew 2.2% as non-smokable products pick up steam

[{"selector":"#anim-f584f3f7-4d2c-4074-b02e-65f6166dcb6f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con

Share buybacks and debt reduction continue to boost bottom line results

[{"selector":"#anim-1335b530-69a9-4a08-97f9-4c1c9c79ba32 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con

Dividend payout ratio sustainable around 80% based on forward guidance

[{"selector":"#anim-50b04068-0f37-4fb5-86dc-8a43eb27e02f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con

54-year dividend growth streak seems likely to continue at this pace

[{"selector":"#anim-b27f789a-90b9-4526-b4b4-5976652fa0c6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.0658141036401503e-14%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con

Near record-high dividend yield offers substantial income potential

[{"selector":"#anim-118d6e45-a109-42f0-af9c-46ddd686290d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.0658141036401503e-14%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con

Consensus analyst rating lukewarm, but dividend upside shines through

[{"selector":"#anim-3d93765f-1448-43f7-a77b-525759cdc175 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Photo: unsplash.con