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Tobacco and vape retailers face unique challenges

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Altria (MO), focused on the U.S., relies on combustible tobacco (88% revenue) amid declining sales, but offers a 6.18% dividend yield with low-single-digit EPS growth.Income-focused investors suit Altria for stable dividends, tolerating high 78% payout ratios and transition risks

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FDA REGULATIONS The Food & Drug Administrations 2009 Tobacco Control Act regulates the manufacture, distribution and marketing of tobacco products
