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Concerned About Trump's Tariffs? This High-Yield Dividend Stock Is a Must-Buy.
President Donald Trump's long-discussed overhaul of U.S. trade policies culminated in updated tariffs on more than 180 countries this week. This tariff plan has been anticipated for a while, and a lot was (and still is) at stake for thousands of American companies and their customers. Some of the country's most important imports will now face cost increases, and the global trade landscape is sure to be shaken up, with countries potentially retaliating with their own tariffs.How Trump's tariff plan plays out remains to be seen, but some companies' operations are relatively safe from the impacts. One of those is Altria Group (NYSE: MO). If you're concerned about Trump's tariffs and want a stock that could weather the current storm, look no further than this high-dividend-yield tobacco giant.Altria Group owns popular tobacco brands like Marlboro, Copenhagen, Skoal, Black & Mild, and several others. It's the biggest tobacco company in the country by a decent margin and has been for quite a while.Continue reading
President Donald Trump's long-discussed overhaul of U.S. trade policies culminated in updated tariffs on more than 180 countries this week. This tariff plan has been anticipated for a while, and a lot was (and still is) at stake for thousands of American companies and their customers. Some of the country's most important imports will now face cost increases, and the global trade landscape is sure to be shaken up, with countries potentially retaliating with their own tariffs.
How Trump's tariff plan plays out remains to be seen, but some companies' operations are relatively safe from the impacts. One of those is Altria Group (NYSE: MO). If you're concerned about Trump's tariffs and want a stock that could weather the current storm, look no further than this high-dividend-yield tobacco giant.
Altria Group owns popular tobacco brands like Marlboro, Copenhagen, Skoal, Black & Mild, and several others. It's the biggest tobacco company in the country by a decent margin and has been for quite a while.
