By 2035, rising consumption of smokeless tobacco and nicotine products is expected to overtake shrinking demand for ...
Indeed, its Marlboro cigarette brand has a nearly 42% share of the U.S. cigarette market. Add in a 7.3% yield backed by a growing dividend, and you can see why investors would be attracted to ...
Cigarette consumers tend to be very brand loyal, so the huge market share Altria enjoys with Marlboro is a big benefit over the competition. That said, Altria only operates in North America.
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