Dividend Stocks Jumping On Tax Cut News (MO, PG)

President Obama said earlier that he would be open to discussing an extension of the Bush tax cuts for everyone, not just people making under $250,000. This is extremely beneficial to dividend stocks like Altria MO and The Procter & Gamble Company PG, as the majority of people making $250,000 and over own dividend paying stocks. These types of stocks, with high dividend payouts, might be worth considering for your portfolio, as investors flee from bonds and continue to seek returns on their capital. Check out these articles from Benzinga discussing more dividend paying stocks Disclosure: long MO