#tobacco-industry

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Business
from24/7 Wall St.
1 week ago

Altria's 56th Dividend Hike: Is the 6% Yield Still a Safe Bet for Income Investors?

Altria offers a high 6% dividend yield with 56 consecutive annual increases, supported by dominant Marlboro margins despite declining cigarette volumes and risky smoke-free investments.
#altria
#altria-group
fromBusiness Matters
2 months ago

Big Tobacco's infiltration of vaping advocacy undermining harm reduction efforts at critical moment

Big Tobacco continues obstructing progress by hijacking health narratives - notably through its calculated vaping shift in recent years. Despite its rhetoric on smokeless products, new data reported reveals that the tobacco industry remains firmly dependent on cigarette sales, which accounted for roughly three-quarters of Western tobacco giants' revenue in 2024. Moreover, Big Tobacco stocks are soaring, fueled by rising prices and continued global demand. Make no mistake - the tobacco industry has not used vaping as a tool for change, but as a hedge against decline.
Public health
Brooklyn
fromwww.amny.com
3 months ago

Op-Ed | Our industry helped build communities. New York's policies are destroying it. | amNewYork

New York's policies are harming local small businesses, particularly in the amusement and tobacco sectors.
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