"Top Dividend Stock Yields Nearly 10%, Outshines Rental Property Investment"

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Source: The Motley Fool
"Top Dividend Stock Yields Nearly 10%, Outshines Rental Property Investment"
Photo: The Motley Fool
TL;DR Summary

British American Tobacco, despite a declining cigarette market, offers a nearly 10% dividend yield and strong cash flows, making it an attractive option for income investors. The company is countering declining cigarette volumes with price hikes and expanding into new nicotine products like e-vapor and nicotine pouches, which are showing significant growth and profitability. This positions British American Tobacco to sustain and potentially grow its dividend payments in the future.

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