By Andrew Hubbarth Note: Today’s Safety Net comes from Assistant Research Manager Andrew Hubbarth. Chief Income Strategist Marc Lichtenfeld is currently returning from the 2020 Private Wealth Seminar in Park City, Utah, where he livestreamed to Oxford Club Members about the best opportunities in today’s market.
The popularity of traditional cigarettes has been in decline for years, but Altria‘s (NYSE: MO) dividend continues to rise as the company diversifies into new vices.
The days of the Marlboro Man and product placement in “cool” movie scenes are mostly gone – so Altria has shifted much of its attention to vaping and even marijuana.
But Altria still controls …read more
