There's a race taking place within British American Tobacco's business, and it will determine the future of the stock and the dividend. When you buy any stock, you need to think about the future. But that's especially true for British American Tobacco (BTI 0.10%), which is one of the world's largest cigarette makers. Here's a look at what's happening to its core business (which is not good news) and what it is doing with the rest of its portfolio (which is showing signs of promise). The next five years coul ...

Mohamed Rida ROKI Performance Assessment I've probably been the most bearish Seeking Alpha analyst on British American Tobacco (NYSE:BTI) (OTCPK:BTAFF) over the past year and a half. But in my last update, I changed my rating to a 'Neutral/Hold' to reflect my view of performance in-line with the S&P500 (SPY) (SPX) market index henceforth. Looking at the results, I think I was accurate in this assessment again: Performance since Author's Last Article on BTI (Author's Last Article on BTI, Seeking Alpha) Since ...

These tobacco companies dedicate large portions of their free cash flow to their dividends. Time has shown that the one certainty in the stock market is uncertainty. Regardless of how experienced you are or how many advanced investing tools you have at your disposal, nobody can reliably predict how stock prices will move. That's the beauty of dividends: They offer investors a chance to earn returns regardless of how a company's stock price performs, and they can be a good income source, too, if you hold eno ...

These tobacco stocks are two of the most appealing dividend stocks on the market today. If you're a dividend investor, you've probably considered buying some tobacco stocks if you don't already own them. The tobacco sector has long been ripe terrain for income investors. These stocks tend to generate wide profit margins, have recession-proof business models, and require relatively little spending on capital expenditures or research and development, so they return most of their profits to investors. Two of t ...

文章核心观点 - 公司新品类业务增长势头良好 新品类收入占比已达12.3%,仅次于菲利普莫里斯[3][4] - 公司新品类业务已开始为利润做出贡献,提升了公司整体营业利润率[3] - 公司主打新品类产品Vuse和Velo在主要市场的渗透率和市场份额均有所提升[8][10] - 但公司在美国市场面临非法中国电子烟的竞争压力,Vuse市场份额有所下降[12][13][15] - 公司整体估值水平较低,股息收益率较高,具有较强的投资价值[5][6] 根据目录分类总结 新品类业务表现 - 新品类收入占比已达12.3%,仅次于菲利普莫里斯[4] - 新品类业务已开始为利润做出贡献,提升了公司整体营业利润率[3] - 公司主打新品类产品Vuse和Velo在主要市场的渗透率和市场份额均有所提升[8][10] 美国市场挑战 - 公司在美国市场面临非法中国电子烟的竞争压力,Vuse市场份额有所下降[12][13][15] - 美国FDA的监管政策对公司新品类业务发展造成一定限制[14][15] 估值与股息 - 公司整体估值水平较低,股息收益率较高,具有较强的投资价值[5][6]

These dividend stocks look like great buys. For long-term investors, dividends are a critical piece of the performance puzzle. Here's an almost unbelievable statistic from Harford Funds: Since 1960, 85% of the S&P 500's cumulative total return was tied to reinvesting dividends. However, not all dividend stocks are created equal. High yields can sometimes come with high risks, so investors should focus on high-quality companies capable of sustaining and growing their dividend payments over time. Two of the b ...

The cigarette giant can produce a huge dividend stream for your portfolio. Looking for dividend income? Check out British American Tobacco (BTI -0.83%). At its current price and payout, the stock's dividend yields an impressive 9.5%. How much would you need to invest to produce a passive income stream of $1,000 a year? Get $1,000 in passive income By revenue, British American Tobacco is one of the largest cigarette companies in the world. Around half of its sales are from the United States, with the rest sp ...

Finding good dividend stocks to buy amid market turbulence is essential in today’s investing environment to maximize profits and minimize risks. These seven dividend stocks to buy have performance indicators that lead in a variety of industries. They also provide intriguing prospects fueled by resiliency, creativity and calculated risks. The first and second are industry titans, showing a considerable increase in their users. Both businesses have grown their clientele despite pressure from the competition, ...

会议主要讨论的核心内容 - 公司新任首席财务官Soraya Benchikh加入,她将致力于有效管理公司多品类业务的复杂性,推动更均衡的收入和利润表现 [9][10][11][12] - 公司上半年表现符合预期,预计全年将实现低个位数的收入和调整后营业利润增长 [18][20] - 美国市场仍面临挑战,消费者持续受到通胀和高利率的影响,同时非法口味电子烟的泛滥也对行业产生负面影响 [23][24] - 公司在美国采取的商业行动和相关的批发库存变动将拖累上半年表现,但预计下半年会有所改善 [26][27][28] - 公司在加热烟草和现代口含产品方面的创新表现良好,有望在下半年带来加速的量和收入增长 [33][34][35][36][37][38][39][40][41] - 公司持续推动监管和执法,呼吁更适当的新品类监管,并期待政府采取更有力的行动打击非法产品 [49][50][51][52][53] - 公司现金流表现强劲,预计2024年现金流转换率将超过90%,并将启动可持续的股票回购计划 [55][56][57] 问答环节重要的提问和回答 问题1 **Rashad Kawan 提问** 询问美国市场的消费者情绪变化以及批发库存变动的原因 [64] **Tadeu Marroco 回答** - 美国市场消费者情绪受到高通胀和利率持续上升的影响,预计利率下降将推动消费者信心改善 [65][66] - 批发库存变动与公司在美国的商业行动有关,相当于约2%的销量,将在下半年得到释放 [65][66] 问题2 **Faham Baig 提问** 询问公司在加热烟草市场份额稳定后是否有望实现正增长,以及新品消费者反馈 [69] **Tadeu Marroco 回答** - 预计下半年加热烟草市场份额将继续改善,新品设备和烟弹获得消费者良好反馈,有助于提升市场份额 [72][73] - 新品设备具有创新的易视显示和加热功能,烟弹也得到更好的评价,有助于提升转化率 [72][73] 问题3 **Philip Spain 提问** 询问公司对美国市场下半年的预期,以及在路易斯安那州实施新法规后非法电子烟的变化情况 [77] **Tadeu Marroco 回答** - 公司对美国市场下半年没有太大预期改善,主要受到宏观经济和非法电子烟持续影响 [78] - 在路易斯安那州,公司观察到非法电子烟销量下降约9%,Vuse获得大部分流失份额 [78]

Thomas Barwick Co-authored by Treading Softly "The fields are white for harvest." When grain is growing and has reached the point where it should be collected, the heads of grain will be white. What this tells us is that now is the time to take action and that delaying is no longer advisable. When it comes to the market, I love to use agricultural examples to bring us back to a real-world tangibility. It's easy to get lost in the numbers, the hypotheticals, the staring at charts, and trying to guess momentu ...