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Altria CEO Explains Why the Dividend Is Big and Getting Bigger

A confident

Altria

believes it can generate mid-single-digit earnings growth through 2028 while investing in e-cigarettes, heated tobacco sticks, and other products as it builds its non-cigarette portfolio. 

The company also seeks to generate mid-single-digit annual growth in its currently outsize dividend—the stock now offers a yield of nearly 9%.