"Potential Dividend Cut Looms for High-Yield Stock"

Altria Group, a high-yielding dividend stock, reported a decline in net revenue and earnings for the fourth quarter of 2023, but its payout ratio remains at 84%. The company plans to increase its dividend and expects adjusted diluted EPS and dividend growth until 2028. However, investors are skeptical due to the stock's decline and the company's heavy reliance on smokable products, which may pose a risk to its long-term revenue and profitability. While a dividend cut is not imminent, Altria's uncertain future suggests caution for long-term investors.