One widely acknowledged impact of lower interest rates is the flow through to boosting equity prices.

Naturally, as an income-focused investment, the value that shares in Altria offer are impacted by changes in risk-free rates and thus interest rates.

Thankfully, their shares are still adequately priced even in a wide variety of scenarios, even some that see risk-free rates more than doubling from their current level.

It is further reassuring that even in the most extreme scenario envisioned, the potential downside is only minimal and easily manageable for an investor with a diversified portfolio.

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