Industry: Consumer Staples
Sector: Tobacco
British American Tobacco plc (BAT) is a multinational tobacco company and one of the largest publicly traded tobacco companies in the world, listed on the New York Stock Exchange (NYSE) under the ticker symbol "BTI." Founded in 1902, BAT has a significant global presence and operates in more than 180 countries. The company is engaged in the manufacturing, marketing, and sale of cigarettes, tobacco, and other nicotine-related products. BAT's portfolio includes various well-known cigarette brands such as Lucky Strike, Dunhill, Rothmans, and its flagship brand, Kent. In addition to traditional tobacco products, BAT is also investing in the development and commercialization of reduced-risk products (RRPs) like e-cigarettes and heated tobacco devices. BAT places a strong emphasis on corporate social responsibility and sustainability, focusing on reducing the environmental impact of its operations, promoting responsible product consumption, and contributing to the communities in which it operates. Despite evolving regulations and increasing awareness of health risks associated with tobacco, BAT continues to adapt and innovate to meet changing consumer preferences and regulatory demands.
Dividend Date: | 6 Feb 2024 (Tue) |
Ex-Dividend Date: | 28 Sep 2023 (Thu) |
Dividend Cover | 2.16 x |
Last Announced/Paid Dividend: | $0.7006 |
Dividends paid this Year: | $0.7006 |
Dividend Yield: | 8.64% |
P/E Ratio: | 8.65 |