Altria Announces Leadership Transition and Dividend Commitment

The US tobacco giant Altria Group is restructuring its executive leadership, emphasizing internal continuity. Chairman and CEO William Gifford has announced his planned retirement for 2026, with current Chief Financial Officer Salvatore Mancuso positioned to succeed him. This strategic shift is accompanied by a reaffirmed dividend pledge, a move likely to reassure income-focused shareholders.

Alongside the personnel announcements, Altria reinforced its reputation as a reliable income stock. The board confirmed a quarterly dividend of $1.06 per share, payable on January 9, 2026. At current price levels, this represents an annualized yield of approximately 7.2%. For the corporation, which has raised its payout for 56 consecutive years, the dividend remains its primary appeal to investors.

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