British American Tobacco p.l.c. (NYSE:BTI) Declares Dividend Increase – $0.83 Per Share

British American Tobacco p.l.c. (NYSE:BTI) declared a quarterly dividend on Thursday, February 12th. Shareholders of record on Friday, March 27th will be given a dividend of 0.8349 per share on Tuesday, May 12th. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Friday, March 27th. This is a 13.0% increase from British American Tobacco’s previous quarterly dividend of $0.74.

British American Tobacco has increased its dividend by an average of 0.0%per year over the last three years. British American Tobacco has a dividend payout ratio of 66.9% indicating that its dividend is sufficiently covered by earnings. 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 $3.25 annual dividend with an expected future payout ratio of 65.1%.

British American Tobacco Trading Up 0.4%

NYSE:BTI opened at $60.60 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.87 and a debt-to-equity ratio of 0.68. The firm’s 50 day moving average is $57.99 and its 200 day moving average is $55.84. British American Tobacco has a 12 month low of $37.31 and a 12 month high of $63.03.

British American Tobacco (NYSE:BTI) last announced its quarterly earnings data on Thursday, February 12th. The company reported $125.53 earnings per share (EPS) for the quarter. The firm had revenue of $8.93 billion during the quarter. British American Tobacco has set its FY 2026 guidance at 4.920-4.920 EPS. Equities research analysts expect that British American Tobacco will post 4.69 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Citigroup reaffirmed a “buy” rating on shares of British American Tobacco in a report on Friday, November 28th. Kepler Capital Markets began coverage on shares of British American Tobacco in a report on Friday, December 12th. They issued a “buy” rating for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of British American Tobacco in a report on Wednesday, January 21st. Morgan Stanley reaffirmed an “underweight” rating on shares of British American Tobacco in a report on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of British American Tobacco in a research report on Friday, November 28th. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $51.00.

British American Tobacco Company Profile

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.