Following widely reported lung injuries and bans, the products struggle to come back as concerns over Covid-19 burn on.
The tobacco giant's management has said its commitment to the dividend "remains unwavering," which supports expectations of a coming hike.
Altria has future growth potential, over 50 years of dividend increases and a high yield exceeding 8%.
Tobacco company Universal Corporation yields 7% and has raised its dividend for 50 years.
Let's do some home work on Vector Group, as it cut its quarterly dividend.
Altria has moved up from Dividend Aristocrat to King, but new legislation could threaten the tobacco company and others.
The next six months set up very well for this name with mid-single-digits growth and consistency in earnings and cash flow.
Here we'll discuss the remaining two of the four Dividend Champions that, if all goes well, will soon become Kings.
Philip Morris International has paid rising dividends every year since its initial public offering in 2008, which occurred right in the middle of the Great Recession.
Black-market vaping has made the entire cannabis group toxic.