Altria's Dividends: Still a Safe Bet in the Tobacco Market?

Is Altria a safe bet in a smoke-free future? Despite declining cigarette sales and tightening regulations, the tobacco giant still attracts investors with its impressive dividend history, recently increased for the sixtieth time. We dissect Altria's Q2 performance, highlighting how cost controls and smokeless alternatives like on! are helping them adapt. Is Altria a reliable income stock or a risky play as the tobacco industry evolves? We explore analyst opinions and weigh the potential for growth versus the security of dividends in this changing market. Hosted on Acast. See acast.com/privacy for more information.