The global tobacco market is expected to reach $411.35 billion in output in 2025, supported by a compound annual growth rate of 2.37% through 2029. Traditional cigarette sales, however, continue to face pressure as regulations tighten, with the World Health Organization reporting that 6.1 billion people worldwide are now covered by tobacco control measures.
At the same time, dividend-focused investors remain drawn to established tobacco companies for their steady cash flows and reliable shareholder returns. On Aug 21, Altria Group (MO) announced a 3.9% increase to its quarterly dividend, raising it to $1.06 per share from $1.02, marking the company’s 60th dividend increase in 56 years. The new annualized dividend of $4.24 per share translates into a yield of 6.3%.
