"Top 3 High-Yield Dividend Stocks for 2024"

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Source: The Motley Fool
"Top 3 High-Yield Dividend Stocks for 2024"
Photo: The Motley Fool
TL;DR

Despite challenges from declining cigarette sales and illicit e-cigarettes, British American Tobacco and Altria Group continue to offer high dividend yields of 9.3% and 9.4% respectively. British American Tobacco's non-combustible product sales are growing, while Altria Group's NJOY brand is the only one approved by the FDA to sell a pod-based vapor product. Both companies have a history of raising their dividend payouts, and their dividends are likely to continue rising in the years ahead.

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