Core Insights - Altria Group, Inc. (NYSE:MO) is collaborating with KT&G Corporation to develop novel oral nicotine products, non-nicotine products, and enhance conventional tobacco operations [1][2][3] Group 1: Collaboration Details - The agreement aims to expand nicotine pouch products globally, potentially extending Altria's on! and on! PLUS brands into select countries [2] - An Altria subsidiary and Korea Ginseng Corporation will explore opportunities in the US energy and wellness markets within the non-nicotine segment [2] - Both companies are focused on improving operations and competitiveness in traditional tobacco products, aligning with Altria's growth targets for international smoke-free goods and non-nicotine categories [3] Group 2: Company Overview - Altria Group, Inc. is a major American company involved in the production and marketing of tobacco, cigarettes, and related products globally [4] - The company has also entered the next-generation nicotine market, including oral nicotine pouches and electronic vaping devices [4]

Core Viewpoint - High-yield dividend stocks are highlighted as a reliable source of income for investors, particularly in retirement, with a focus on companies that have a proven track record of consistent dividend payments [1][2]. Group 1: Company Summaries - **Realty Income**: Current yield is 5.6%, known for being one of the largest REITs globally, paying monthly dividends, and has raised dividends for 110 consecutive quarters, with a payout ratio of 75% of anticipated 2025 funds from operations [4][5]. - **Altria Group**: Current yield is 6.7%, recognized as a Dividend King with over 50 years of uninterrupted dividend increases, despite declining cigarette volumes, maintains a payout ratio around 80% of cash flow, and has a significant stake in Anheuser-Busch InBev [6][7][8]. - **British American Tobacco**: Current yield is 6.8%, operates globally with a focus on next-generation nicotine products, has a dividend payout ratio of 66% of cash flow, and has transitioned to a quarterly payment schedule [9][10]. - **Verizon Communications**: Current yield is 6.1%, a leader in the U.S. wireless market with 21 consecutive annual dividend increases, and a payout ratio of only 58% of 2025 earnings estimates [11][12]. - **Enbridge**: Current yield is 5.7%, operates extensive pipelines and utilities, has a strong dividend track record with 28 consecutive annual increases, and maintains a payout ratio of 60% to 70% of distributable cash flow [13][14].