British American Tobacco

Reynolds America is an American tobacco company which is a subsidiary of British American Tobacco and is the second-largest tobacco company in the United States. Its holdings include R. J. Reynolds Tobacco Company, American Snuff Company (formerly Conwood Company), Santa Fe Natural Tobacco Company, and Niconovum AB.

Reynolds America

British American Tobacco plc is a holding company, which engages in the manufacture and distribution of tobacco products. Its brands include Kent, Dunhill, Lucky Strike, and Pall Mall. It operates through the following geographical segments: United States, Asia-Pacific and Middle East (APME), Americas and Sub-Saharan Africa (AMSSA), and Europe and North Africa (ENA). The APME geographical segment consists of markets in the Middle East merged with Asia-Pacific. The AMSSA geographical segment is composed of markets in East and Central Africa, West Africa, and Southern Africa merged with the Americas region. The ENA geographical segment includes markets in Russia, Ukraine, Caucasus, Central Asia, Belarus, Turkey, and North Africa merged with the Western Europe region. The company was founded by James Buchanan Duke on September 29, 1902 and is headquartered in London, the United Kingdom.

Earnings data Q4 2023

British American Tobacco announced a $31.5 billion write-down, causing its stock prices to plummet significantly. I will explain why the market has overreacted to the write-down, creating an unusual opportunity for investors. I do not expect any material impact on its profitability due to this write-off.

British American Tobacco's $31.5B Write-Down: Big Fear Creates Big Opportunity

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The Zacks Tobacco industry companies are gaining on pricing power and smoke-free product strength amid soft cigarette volumes and cost inflation. Philip Morris (PM), Altria Group (MO) and British American Tobacco (BTI) look well-placed.

3 Tobacco Stocks Hogging in the Limelight on Favorable Industry Trends

British American Tobacco stock is understandably attractive to passive income investors with its robust dividend yield.

Is British American Tobacco's 9.85% Dividend Yield Safe?

British American Tobacco's shares slumped by close to 10% after announcing a write-down of intangible assets on its balance sheet. The write-down does not impact the company's cash position, cash flows, or dividends. BTI's reduced-risk products portfolio is showing growth and profitability, offsetting declines in traditional cigarettes.

British American Tobacco: Be Greedy When Others Are Fearful

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of British American Tobacco p.l.c (NYSE: BTI) resulting from allegations that British American Tobacco may have issued materially misleading business information to the investing public. SO WHAT: If you purchased British American Tobacco securities you may be entitled to compensation without payment of any out of pocket fees or co.

BTI LOSS ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages British American Tobacco p.l.c Investors to Inquire About Securities Class Action Investigation – BTI

BAT is taking a $31 billion write-down on underperforming U.S. brands it primarily acquired from Reynolds American. The company also reaffirmed its mid-single-digit EPS guidance for the year.

Why British American Tobacco Stock Got Torched Today

The writedown marks the first time a major global tobacco firm has written off the value of its traditional cigarettes business in a major market like the US.

Cigarette maker BAT warns US brands have no long-term future, plans $31.5B writedown

American depositary receipts (ADRs) of British American Tobacco (BTI) tumbled over 8% in early trading Wednesday to an all-time low as the cigarette maker indicated it was losing American customers who were switching to lower-priced smokes, and plans to shift its focus to smokeless products.

Why British American Tobacco ADRs Hit an All-Time Low

The Camel and Newport parent company announced Wednesday it wrote down its U.S. tobacco brands by $31.5 billion, sending shares down 8%.

Smoked Out: Camel Parent British American Tobacco's Stock Sinks To 12-Year Low

British American Tobacco PLC (LSE:BATS) today took a hefty £25 billion write-down to the value of its cigarette brands as part of the big tobacco group's "vision to build a smokeless world'. The non-cash adjusting impairment charge, as the write-off called it, related to a lower assessment of the value of its acquired US cigarette and tobacco brands as their "useful economic lives" decline over an estimated period of 30 years.

British American Tobacco and the other biggest write-downs in corporate history

British American Tobacco (NYSE: BTI ) stock fell 9% overnight after the company took a $31.5 billion “impairment charge” on its American cigarette brands. British American is known for brands like Camel, Lucky Strike, Newport and Pall Mall.

BTI Stock Alert: The $31.5 Billion Reason British American Tobacco Is Down Today

British American Tobacco has taken a $31.5 billion impairment on its cigarette brands, but switching to healthier products isn't straightforward.

Big Tobacco Rethinks Its Smoking Addiction

London-listed British American Tobacco announced a $32 billion charge on the value of its brands. Shares of cigarette makers slipped.

Cigarette Makers Altria, Philip Morris Drop After Big BAT Write-down

British American Tobacco shares slumped 8% as the cigarette maker said it will write down the value of its cigarette brands by £25 billion ($31.5 billion).

Camel cigarette maker to take $31.5 billion write-down

British American Tobacco PLC (LSE:BATS) unveiled an ambition to become a predominantly “smokeless” business, with 50% of our revenue from non-combustibles by 2035.  The maker of Lucky Strike, Rothmans and Pall Mall cigarettes made the claim as it confirmed full-year 2023 EPS guidance.

BAT sees low-end revenue, £25 billion write-down of tobacco units

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This December the chances of a Santa Clause rally are looking thin, so it's worth stuffing your portfolio with long-term stocks that will deliver in the new year and beyond. Picking a buy-and-hold stock can be a big responsibility because it means you're willing to wait out some ups and downs along the way.

If You Can Only Buy One Long-Term Stock in December, It Better Be One of These 3 Names

Tobacco giants such as British American Tobacco, Altria, and Philip Morris attract income-seeking investors with high dividend yields, yet face a shrinking customer base. PM is in a better spot for growth, given its market share in the heated tobacco market, while BTI seems to lack significant growth drivers. Yet, British American Tobacco is trading at an exceptionally low valuation, with a PE ratio of 6.8x its earnings and a significant 7.77% dividend yield.

British American Tobacco Vs. Philip Morris - One A Buy, One A Sell

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In this article, I will demonstrate how you could build a diversified dividend portfolio that blends dividend income with dividend growth, aiming towards achieving an attractive Total Return. I will use The Dividend Income Accelerator Portfolio as an example, and will show that it already successfully balances dividend income with dividend growth, striving to maximize investor benefits. I will explain in greater detail how this portfolio reduces risk for investors, thereby enhancing the probability of reaching attractive investment returns.

How To Build A High-Potential Dividend Portfolio Combining Dividend Income With Dividend Growth

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This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields just over 3%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.

5 Relatively Secure And Cheap Dividend Stocks To Invest In - December 2023

Comparing British American Tobacco and Altria reveals no clear winner; the most suitable choice depends on the factors you prioritize. I consider Altria to be the slightly better choice for those seeking to combine dividend income and dividend growth, due to the company's higher Dividend Yield and Dividend Growth Rates. However, British American Tobacco has the moderately lower Valuation, and I consider it to be the superior choice when looking for an option to reduce portfolio volatility.

British American Tobacco Vs. Altria: Which Is The Better Dividend Choice?

AT&T recently boosted its free-cash-flow outlook, putting its dividend on safer ground. British American Tobacco is managing the declining cigarette demand while leaning into non-combustibles to keep revenue growing.

2 High-Yield Dividend Stocks That Will Make You Richer

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Dogsofthedow.com, or DOD, recently published its list of 50 large-cap high-dividend stocks as of 11/27/23 per data from YCharts. The DOD list targeted-investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation went belly-up.”. Investors reduce volatility/risk by limiting high-dividend search to large-well-established companies.

50 Large-Cap High-Yield Stocks For December

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I've made significant changes to my portfolio due to buying a new house and selling stocks from my portfolio to raise cash. My goal is to prioritize building a passive income stream, but I recognize the value of investing in a new home for improved quality of life. In this article, I discuss different options to pay for the new home, including taking out a mortgage or selling more stock if mortgage rates remain high.

Why I Made Big Changes To My Dividend Growth Portfolio

British American Tobacco PLC (LSE:BATS) - the UK's largest listed tobacco and vaping company - has called for more regulation on the latter, including a ban on sweet flavours that may appeal to children.  “As the largest manufacturer of vaping products in the UK, we are clear on our responsibilities,” FTSE 100-listed firm's UK head, Asli Ertonguc, said in a press release.

News for British American Tobacco Stock (BTI)