1 Dividend Stock Yields 9.6%, Another 3.1%, But Only 1 Can Be the Best Dividend Stock to Buy Today

By Parkev Tatevosian, CFA – Feb 5, 2024 at 10:59AM

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

British American Tobacco and Coca-Cola offer passive income investors robust dividend yields to choose from.

Fool.com contributor Parkev Tatevosian compares British American Tobacco (BTI -0.51%) and Coca-Cola (KO) to show which is better for passive income investors.

*Stock prices used were the afternoon prices of Feb. 2, 2024. The video was published on Feb. 4, 2024.

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 2026 $40 calls on British American Tobacco P.l.c. and short January 2026 $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.