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The Top 10 S&P 500 Dividend Stocks for November

These payout heroes are yielding as much as 12%

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#9: Altria

Dividend stocks Altria MODividend Yield: 5.1%

Tobacco companies are expected to pay hefty dividends, so it’s especially pleasing that Altria (MO) is doing well on a price basis, too. Shares are up more than 19% for the year-to-date.

Third-quarter earnings were better than expected on surprisingly strong revenue growth, driven by price hikes for smokeless tobacco.

That helped Altria hike its dividend by more than 9% — the 47th such increase in the past 44 years.

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