Workflow
Think You Know Altria? Here's 1 Little-Known Fact You Can't Overlook.
MOAltria(MO) The Motley Fool·2024-09-28 22:24

Altria's biggest business is selling cigarettes and cigarettes are going out of style, which most people realize. But did you know this fact?When most investors look at Altria (MO -0.08%) what they see is a huge 8% dividend yield backed by a dividend that has been increased for years. That is the type of story that most dividend investors will find attractive. But there's a big risk here because the company's core business is in long-term decline. That risk has to be understood, but there's another subtle t ...