British American Tobacco: Demystifying The Stability Of 9% Dividend
BTIBAT(BTI) Seeking Alpha·2024-02-11 20:41

sankai British American Tobacco (NYSE:BTI) is a well-known dividend stock with a market cap of over $69 billion. Currently, BTI yields just above 9%, which stimulates a high interest from many yield-seeking and value investors. One of the main reasons why British American is able to offer so enticing current income levels is because there is a fusion of two aspects: 1. The Company generates ample free cash flows that could be distributed to equity holders after all of the CapEx spend and debt service costs. ...