Reported 8 months ago
British American Tobacco stock (NYSE: BTI) is maintaining a bullish stance due to smart capital allocation practices and a high 9.7% dividend yield, despite facing challenges in combustibles sales volumes. The company is offsetting declines through pricing and seeing growth in non-combustible products. With initiatives like share buybacks and a well-covered dividend yield, BTI's investment case remains attractive, supported by analyst ratings and potential upside.
Source: YAHOO