Now Could Be the Time to Lock in This 7.9% Dividend Yield

Now Could Be the Time to Lock in This 7.9% Dividend Yield

Tobacco giant Altria Group (NYSE: MO) recently reported full-year 2022 earnings that gave the stock's share price a jolt. Altria has been a troubled stock in recent years -- its highly public investment in Juul Labs wasted billions in capital, and worries have persisted about how inflation might impact its customers' spending habits. Altria's earnings showed that its core tobacco business is running like clockwork.