Could Ultra-High-Yield Altria Help You Retire a Millionaire?

There are a lot of things to like about Altria (NYSE: MO), particularly if you are a dividend investor. But there are also a few very important things to be worried about.No company is perfect, so you always have to take some bad with the good. But if you are hoping to retire a millionaire on Altria's dividend, you'll want to think extra hard about the bad here.To give credit where credit is due, Altria owns the most important brand in its category in North America. And it isn't even close when you look at the market share numbers. Altria's market share in cigarettes was a huge 45.7% in the third quarter of 2024. The Marlboro brand alone accounted for 41.7 percentage points of that total. Put simply, Altria's Marlboro brand is a category dominator.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool