Sin Stock Altria Exhales Cash With Highest Dividend In S&P 500

While ethical investors may opt to steer clear, top tobacco stock Altria Group currently boasts the highest dividend in the S&P 500 with a smoking-hot yield. Altria, best known for its iconic Marlboro cigarettes, was formed from a 2007 spinoff from Philip Morris. Altria took control of U.S. tobacco interests, prioritizing dividend growth and share buybacks, while Philip Morris focused on the international market.