Jason Fieber, Mr. Free at 33

Undervalued Dividend Growth Stock of the Week: Altria Group Inc. (MO)

Undervalued Dividend Growth Stock of the Week by Jason Fieber

This is a prototypical dividend growth stock that has all of the ingredients that any dividend growth investor should want to see: decades of dividend increases, a high yield, double-digit dividend growth, a manageable payout ratio, a responsible balance sheet, huge margins, incredible pricing power, brand recognition, and solid overall business growth. On top of all of this, the stock is potentially 25% undervalued. Dividend growth investors would be wise to think about stocking up on shares right now.