MO - Altria: Pick Up This Literal Cigar Butt For A 7.5% Yield

• Tobacco use might be on the decline, but it won’t ever completely disappear from society.
• Investments outside the tobacco industry haven't gone well for management.
• However, with the dividend, buybacks, and low valuation, I expect Altria to produce double-digit returns moving forward.
• This Dividend King will continue to reward shareholders with yearly dividend increases.

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