Key takeaways
- Income stocks now have to beat a 10-year Treasury yielding 4.91%, a payout with no credit risk and no fuss.
- Dividend safety: Altria raised its full-year adjusted EPS guidance to $5.66 to $5.74, which comfortably covers the $4.44 annualized dividend.
- The latest raise to $0.46 per quarter marked its ninth consecutive year of dividend growth, up from $0.2875 in 2019.
The 10-year Treasury now hands you a nearly 5% yield with zero credit risk, so any dividend stock asking you to take on more complexity had better earn it.
See the latest quote, chart and news for EPD.
