British American Tobacco p.l.c. (LON:BATS) to Issue Dividend of GBX 60.06

Key Points

• British American Tobacco has announced a dividend of GBX 60.06 per share, set to be paid on November 7th, representing a yield of 190.0%.
• The company's latest earnings report showed a negative net margin of 52.84% and a negative return on equity of 25.94%.
• Brokerage analysts have provided mixed ratings, with target prices ranging from GBX 2,800 to GBX 5,200, indicating differing sentiments about the stock's future performance.

British American Tobacco p.l.c. (LON:BATS - Get Free Report) announced a dividend on Thursday, February 13th, DividendData.Co.Uk reports. Investors of record on Thursday, October 2nd will be paid a dividend of GBX 60.06 per share on Friday, November 7th. This represents a yield of 190.0%. The ex-dividend date is Thursday, October 2nd. This is a 2.0% increase from British American Tobacco's previous dividend of $58.88. The official announcement can be viewed at this link.

British American Tobacco Stock Performance

LON:BATS opened at GBX 3,922 on Tuesday. The company has a market cap of £85.61 billion, a P/E ratio of 2,815.51, a P/E/G ratio of 3.12 and a beta of 0.27. The company's 50-day moving average price is GBX 4,115.63 and its 200-day moving average price is GBX 3,611.14. British American Tobacco has a twelve month low of GBX 2,621.79 and a twelve month high of GBX 4,806. The company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.63.

British American Tobacco (LON:BATS - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported GBX 162.90 earnings per share (EPS) for the quarter. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 25.94%. On average, sell-side analysts forecast that British American Tobacco will post 361.5079365 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BATS. Deutsche Bank Aktiengesellschaft raised their target price on shares of British American Tobacco from GBX 4,200 to GBX 4,400 and gave the company a "buy" rating in a report on Thursday, July 31st. Royal Bank Of Canada downgraded British American Tobacco to an "underperform" rating and boosted their target price for the company from GBX 3,000 to GBX 3,400 in a report on Tuesday, September 2nd. Jefferies Financial Group lifted their price target on British American Tobacco from GBX 4,800 to GBX 5,200 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. JPMorgan Chase & Co. increased their price objective on British American Tobacco from GBX 2,800 to GBX 3,300 and gave the company a "neutral" rating in a report on Monday, August 4th. Finally, Citigroup reaffirmed a "buy" rating on shares of British American Tobacco in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, British American Tobacco currently has an average rating of "Hold" and a consensus target price of GBX 4,040.

British American Tobacco Company Profile

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector. BAT is transforming and is well positioned with a global footprint and multi-category portfolio.

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