|Bid||36.53 x 1100|
|Ask||37.10 x 2900|
|Day's Range||36.53 - 38.01|
|52 Week Range||33.62 - 47.24|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||9.49|
|Forward Dividend & Yield||2.96 (7.56%)|
|Ex-Dividend Date||Sep 29, 2022|
|1y Target Est||53.30|
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
The S&P 500 index's downturn in 2022 has pushed its dividend yield up to 1.6%. British American Tobacco's (NYSE: BTI) $91 billion market capitalization makes it the second-largest tobacco company on the planet, trailing just Philip Morris International (NYSE: PM). British American Tobacco's success is in large part due to the variety of well-known brands that it offers to consumers.
British American Tobacco (BAT) said on Tuesday a year-long study evaluating the potential harm reduction of using heated tobacco products compared to cigarettes will help expand the category of alternative "smoke-free" products. Tobacco companies are trying to attract new customers with alternative tobacco products as governments and public health campaigners make a concerted push towards a tobacco-free world. Heated tobacco products (HTPs) - such as BAT's glo and key rival Philip Morris International's IQOS – are envisioned to reduce the likelihood of developing diseases like lung cancer and cardiovascular conditions in smokers of traditional cigarettes who would not otherwise quit.