All articles tagged with #british american tobacco
Originally Published 1 year ago — by Yahoo Finance
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 also investing in new nicotine products to sustain future growth.
Originally Published 1 year ago — by The Motley Fool
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.
Originally Published 1 year ago — by The Motley Fool
The article highlights three dividend stocks with yields above 5%, including Pfizer, recommended for income-focused investors. The Motley Fool has positions in and recommends Pfizer, British American Tobacco, and Enterprise Products Partners.
Originally Published 1 year ago — by The Motley Fool
Real estate investing may not be as passive as claimed, prompting the suggestion to consider investing in dividend stocks for passive income. Altria Group and British American Tobacco are highlighted as potential options, with dividend yields of 8.58% and 9.37% respectively. A $50,000 investment in these stocks could potentially generate around $4,500 in annual passive income, offering an alternative to the work-intensive nature of maintaining rental properties.
Originally Published 1 year ago — by Yahoo Finance
British American Tobacco plans to sell up to $2.1 billion of shares in Indian partner ITC Ltd. to return cash to shareholders and invest in its business. The company will use the cash raised to buy back £700 million of its own shares and continue to use operating cash flow to lower debt and fund business investments. BAT's move comes after pressure to return more cash to shareholders and a significant write down on the value of its US cigarette brands.
Originally Published 1 year ago — by The Motley Fool
Billionaire investors have been heavily investing in ultra-high-yield dividend stocks, such as Medical Properties Trust (MPW) and British American Tobacco (BTI), which offer dividend yields of 15.6% and 9.7% respectively. Medical Properties Trust, a real estate investment trust, has attracted billionaire asset managers due to its reliable business model and geographic diversification, despite facing challenges with its largest tenant. British American Tobacco, on the other hand, is focusing on non-combustible products to offset declining traditional cigarette sales, with its e-cigarette brand Vuse showing promising growth.
Originally Published 1 year ago — by The Motley Fool
British American Tobacco stock surged 7.4% after delivering solid end-of-year results, including a 3.1% organic revenue increase and a 9.9% revenue growth in its non-combustibles segment. The company's focus on growth categories and a 6.1% increase in revenue from price increases and sales mix contributed to its profitable year. Management expects low-single-digit organic revenue growth and progress towards reaching 5 billion pounds in new category revenue by 2025, along with a pledge to grow its dividend, which currently yields 9.2%.
Originally Published 1 year ago — by Reuters
British American Tobacco (BAT) is actively working to sell some of its 29% stake in India's ITC, signaling a move towards resuming share buybacks and sending its shares up almost 8%. The company aims to reduce debt and move towards the leverage range for buybacks, with the CEO stating that a 25% stake is required for veto rights. BAT's dividend, up 2% on last year, remained intact, and the company reported a 5.2% rise in adjusted diluted earnings per share, slightly beating analyst expectations.
Originally Published 2 years ago — by Seeking Alpha
The article recommends Coca-Cola and British American Tobacco as attractive investment options for January 2024 due to their high dividend yields, dividend growth, strong competitive advantages, and appealing valuations. It emphasizes the benefits of including high dividend yield companies in an investment portfolio, such as generating income, reducing volatility, and providing psychological benefits during market declines. The author provides detailed analyses of Coca-Cola and British American Tobacco, including their financial metrics, risk factors, and allocation recommendations for a balanced portfolio.
Originally Published 2 years ago — by The Motley Fool
Despite challenges from declining cigarette sales and illicit e-cigarettes, British American Tobacco and Altria Group continue to offer high dividend yields of 9.3% and 9.4% respectively. British American Tobacco's non-combustible product sales are growing, while Altria Group's NJOY brand is the only one approved by the FDA to sell a pod-based vapor product. Both companies have a history of raising their dividend payouts, and their dividends are likely to continue rising in the years ahead.
Originally Published 2 years ago — by The Wall Street Journal
British American Tobacco's stock plummeted to its lowest point in over a decade after the company announced a potential $31.5 billion write-down related to its U.S. brands. The company's expansion in the U.S. through the acquisition of Reynolds in 2017 has been met with a significant decline in the American cigarette market.
Originally Published 2 years ago — by Investopedia
Stocks and oil prices fell as data showed slowing job and wage growth in November, signaling a cooling economy. The Nasdaq, S&P 500, and Dow Jones Industrial Average all ended lower. Energy stocks sank as oil and gas prices declined amid concerns about demand. British American Tobacco's shares fell to a 13-year low after announcing a $31 billion write-down due to macroeconomic pressures and declining cigarette sales. Oil futures slumped to a 5-month low, driven by worries about a slowing global economy and doubts about OPEC's production cuts. Bank stocks gained as CEOs resisted regulator proposals for higher capital requirements.
Originally Published 2 years ago — by Seeking Alpha
British American Tobacco (BAT) announced a £25 billion impairment charge related to its US cigarettes business, causing its stock to drop by roughly 8%. The charge is mainly due to the acquisition of Reynolds American in 2017, resulting in a decline in the equity ratio. BAT believes that the present value of US cigarette brands will be zero after 30 years. While the impact on the valuation of BAT stock is difficult to estimate, it is likely to be around -14% to -18%. BAT's stake in ITC Ltd., currently worth around £16 billion, could potentially be sold to reduce leverage. Despite the impairment charge, BAT stock is considered a compelling value opportunity with a high free cash flow yield and a well-covered dividend.
Originally Published 2 years ago — by Yahoo Finance
British American Tobacco, the owner of Camel and American Spirit cigarettes, has taken an impairment charge of $31.5 billion, mainly due to the decline in the number of people smoking. The company is in the process of shifting its business away from traditional cigarettes to "smoke-free" products and aims to generate half of its revenue from non-combustibles by 2035. The CDC survey shows a continued decrease in cigarette smoking in the US, while electronic cigarette use has risen. British American Tobacco plans to invest in its "new products" business, including vaporizers. Shares of the company fell by 8.6% following the announcement.
Originally Published 2 years ago — by New York Post
British American Tobacco (BAT) announced a $31.5 billion writedown as it acknowledges that its US cigarette brands have no long-term future due to stricter regulations and declining cigarette volumes. BAT's shares fell, and US-listed tobacco stocks were also impacted. The writedown marks the first time a major global tobacco firm has written off the value of its traditional cigarettes business in a major market like the US, highlighting the need for the industry to focus on alternatives. BAT plans to generate 50% of its revenues from non-combustibles by 2035 and expects its business from "new categories" to break even in 2023.