Altria Group beat Q1 earnings estimates, despite a revenue drop, and announced a dividend increase, boosting its appeal to investors.

Fiduciary Alliance and other firms have increased their holdings in Altria Group, which reported Q1 earnings of $1.23 per share, beating estimates. The company's market cap is $101.74 billion, and it recently declared a $1.02 quarterly dividend, due on July 10th, with an annual yield of 6.75%. Altria, which manufactures tobacco and e-vapor products like Marlboro and NJOY ACE, saw its revenue fall by 4.2% year-over-year to $4.52 billion. Analysts predict EPS of $5.32 for the fiscal year.