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Altria Emerges as Top Dividend Stock Amid Market Volatility
Altria Emerges as Top Dividend Stock Amid Market Volatility
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BTCCSquare news:
Altria Group (MO -0.09%), the tobacco giant behind Marlboro and Copenhagen, has surged 24% year-to-date—nearly doubling the S&P 500's 12.4% gain. The stock's 6.4% dividend yield and 56-year streak of annual increases cement its status as a Dividend King, defying declining U.S. smoking rates through pricing power and addictive product economics.
Investors flocking to defensive assets find Altria's cash flow resilience compelling. While not a crypto play, its performance underscores the search for yield in turbulent markets—a theme mirrored in stablecoin yields and staking rewards across blockchain ecosystems.
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