British American Tobacco p.l.c. (NYSE:BTI) Declares $0.75 Dividend

British American Tobacco p.l.c. (NYSE:BTI - Get Free Report) announced a dividend on Thursday, February 13th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be given a dividend of 0.7491 per share on Monday, May 12th. The ex-dividend date is Friday, March 28th.

British American Tobacco has increased its dividend payment by an average of 0.4% annually over the last three years. British American Tobacco has a dividend payout ratio of 62.6% meaning 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 Trading Down 1.6 %

British American Tobacco stock traded down $0.67 during trading hours on Friday, reaching $40.53. 2,770,113 shares of the company's stock were exchanged, compared to its average volume of 4,563,029. The firm has a market capitalization of $83.94 billion, a PE ratio of 8.32 and a beta of 0.50. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. The firm's 50 day simple moving average is $39.86 and its 200 day simple moving average is $37.65. British American Tobacco has a twelve month low of $28.25 and a twelve month high of $42.74.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. UBS Group upgraded shares of British American Tobacco from a "neutral" rating to a "buy" rating in a research report on Monday, January 27th. StockNews.com raised British American Tobacco from a "hold" rating to a "buy" rating in a research note on Monday, February 17th.

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British American Tobacco Company Profile

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.