description Altria Group (MO) Overview
Altria Group is a leading tobacco company, primarily known for its cigarette brands. While facing declining cigarette volumes, Altria has focused on reduced-risk products and investments in alternative nicotine delivery systems. Altria is a Dividend Aristocrat with a high dividend yield. The company's profitability is influenced by regulatory risks and changing consumer preferences.
Its investments in cannabis and other emerging markets are aimed at diversifying its revenue streams. Current yield is approximately 8.5%.
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