British American Tobacco Stock Is Paying a Dividend Yield of 6.3%

By Parkev Tatevosian, CFA – Sep 29, 2023 at 5:43PM

NYSE: BTI

British American Tobacco

Market Cap

$65B

Today's Change

(-0.51%) -$0.15

Current Price

$29.25

Price as of April 26, 2024, 4:00 p.m. ET

Passive income investors can consider adding British American Tobacco to their dividend stock portfolios.

Fool.com contributor Parkev Tatevosian puts British American Tobacco (BTI -0.51%) stock under a microscope to answer if its robust dividend yield is sustainable for passive income investors.

*Stock prices used were the afternoon prices of Sept. 27, 2023. The video was published on Sept. 29 , 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends British American Tobacco P.l.c. and recommends the following options: long January 2024 $40 calls on British American Tobacco P.l.c. and short January 2024 $40 puts on British American Tobacco P.l.c. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.