Altria Group, Inc. (NYSE:MO) is one of the Best Dividend Stocks for a Dividend Champions List, known for Marlboro and other tobacco products. Despite declining cigarette use, the company has maintained strong profits through price hikes and cost-cutting, growing free cash flow by almost 60% over a decade to $8.7 billion.

Altria Group, Inc. (NYSE:MO) is diversifying beyond cigarettes, with stable cigar sales and growth in vaping and nicotine pouches. The company’s on! pouch brand saw a 26.5% volume increase last quarter. Altria’s recent partnership with KT&G in South Korea aims to expand into new pouch products and potential energy investments.

Altria Group, Inc. (NYSE:MO) has a long history of dividend growth, raising payouts 60 times in 56 years. The stock currently offers a quarterly dividend of $1.06 per share, yielding 6.54% as of October 2. While MO shows promise as an investment, some AI stocks may offer greater potential with less risk.

For more investment insights, check out the 12 Best REIT Dividend Stocks to Buy Now and 11 Best Affordable Dividend Stocks to Buy Now. Disclosure: None.

Read more at Yahoo Finance: A Dividend Champion Built on Innovation and Endurance