British American Tobacco p.l.c. (NYSE:BTI) to Issue Quarterly Dividend of $0.75

Key Points

• British American Tobacco has announced a quarterly dividend of $0.75 per share, with a yield of 5.6%, benefiting investors recorded by October 3rd and scheduled for payment on November 13th.
• The company maintains a dividend payout ratio of 61.7%, indicating that earnings can sufficiently cover the anticipated annual dividend of $3.00, predicted by analysts to result in a future payout ratio of 60.1%.
• As of Wednesday, British American Tobacco's stock opened at $53.05, reflecting a market capitalization of $109.15 billion and a PE ratio of 10.89.

British American Tobacco p.l.c. (NYSE:BTI - Get Free Report) announced a quarterly dividend on Thursday, February 13th. Investors of record on Friday, October 3rd will be given a dividend of 0.7491 per share on Thursday, November 13th. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date is Friday, October 3rd.

British American Tobacco has a dividend payout ratio of 61.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect British American Tobacco to earn $4.99 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 60.1%.

British American Tobacco Stock Up 0.4%

NYSE:BTI opened at $53.05 on Wednesday. The firm has a market capitalization of $109.15 billion, a PE ratio of 10.89, a price-to-earnings-growth ratio of 3.63 and a beta of 0.40. The stock has a 50 day moving average of $55.58 and a 200-day moving average of $48.57. The company has a current ratio of 0.87, a quick ratio of 0.55 and a debt-to-equity ratio of 0.68. British American Tobacco has a 52 week low of $34.17 and a 52 week high of $59.29.

About British American Tobacco

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.

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