ASTA - Altria: This 8% Yielding Dividend Aristocrat Could Potentially Double In 3 Years

• The 2022 bear market is the 2nd worst start to the year in history and is starting to take its toll on even the world's best defensive blue-chips.
• Altria recently plunged 17% over the same risk factors that investors have known about for years.
• The company's fundamental growth outlook remains unchanged, with 5.4% growth expected to be driven by reduced risk product launches, cost-cutting, and buybacks.
• Analysts expect MO to hike its dividend about 7% in August, creating a potential 8.5% yield and 13.9% long-term return potential, which could help you retire in safety and splendor.
• MO is trading at a 33% historical discount, with an anti-bubble 8.5X cash-adjusted PE, and the potential to double in the next three years alone. For anyone comfortable with its risk profile, MO is an 8% yielding dividend aristocrat table pounding potential great buy.

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