As I've noted here, for many of us investors, these companies are popular mainly because of their attractive dividend. In that regard, it is mentioned here often. This post will mainly focus on British American Tobacco $BTI$BATS.L, but as there has been more talk lately about hitting the ranks of smokers and trying to keep them healthy,... Read more
At my age it would probably not be nice if I wrote that I am a smoker, but of course I am a non-smoker and I am sure I will be one until I die. From a moral point of view it's probably not fine, but I like the tobacco companies and even more the dividends they send me :D. Despite some problems I trust the companies and I believe they will be with us for a long time. I bought BTI in the downturn and I watched that MO wasn't at a bad price either, so I bought BTI along with MO :D.
ITC Ltd reported results today. We are talking about an Indian company in which $BATS.L/$BTI has about 30% stake.
Q2 2024 The interesting numbers are from the fast moving consumer goods segment, which includes cigarettes. Cigarette sales are up 10.1% year-over-year. A different trend from the European one.
https://youtu.be/KhMCnW68gu0?t=1981
Here I recommend an email from George regarding BAT. He nicely summarizes the risks and positives.
I am heavily loaded in $BATS.L.