Altria: Sin Stock Opportunity
This is a MO news story, published by Yahoo Finance, that relates primarily to Altria news.
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Altria sharesThe Motley Fool
•This 7.7%-Yielding Sin Stock Just Increased Its Dividend Payment
76% Informative
Tobacco company Altria ( NYSE : MO ) recently announced a 4.1% increase to the company's quarterly dividend.
Altria is best known for its cigarette brands Marlboro and Black & Mild , as well as oral tobacco products like Skoal .
The company is making significant investments in a category called smokeless tobacco.
Smokeless tobacco includes products such as e-cigarette vapes and oral nicotine pouches.
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