British American Tobacco
BTI
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Tobacco companies were shaken up today
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,...
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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.
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Moneta, KB, Vitesse Energy, Mercedes-Benz, Verizon, Société Generale, PKN Orlen ... my top two
Shares of $BTI are down more than 20% this year and I am currently buying $BTI stock on a regular monthly basis as the current price is a great buy. For me, this is a great company with a great business and pays a very nice dividend.
Do you have shares of $BTI in your portfolio and are you overbought at the current price?
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.
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I'm thinking of listing a PUT on $NIO, and probably some CALL spreads to go with it.
One of the top two of the top 10% has $BTI. Aside from the fact that I'm completely out of touch with the product, I'm wondering about the future of the tobacco industry. The ever increasing tax in some countries has driven the prices up so much that some customers have just given up. So is the future of tobacco companies in electronic cigarettes or something else entirely?
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I think the sector is very stable and companies have found that normal cigarettes are not working so well so they are switching to other products such as electric cigarettes, which young people are buying, and I think tobacco companies will continue to do well. Otherwise, I have $BTI stock in my portfolio and the dividend is great :D
Which stock in your portfolio pays the biggest and fattest dividend? :) For me it's $BTI stock, what about you? :)
I plan to buy more $BTI stock next week. Shares of $BTI are currently very undervalued and the company pays a dividend of 10%, which is very respectable. I also plan to buy more shares of $MO as the stock is at a nice price.
Which tobacco company's stock do you have in your portfolio and at what price are you buying?
Altria($MO) raises its dividend again after a year, increasing 4.3% to $0.98/share quarterly. At the current share price, that's a 9.1% yield.
Altria now has the highest dividend yield of any tobacco company (followed by $BTI at 9%).
But this can also be viewed negatively. Some investors would welcome more debt reduction or buybacks. Personally, I am of the same opinion.
How do...
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I have a feeling that the divi in those numbers isn't exactly sustainable for them long term right now. After all, they don't exactly have a small debt
The unfavourable economic situation in the UK has potentially presented us with fine investment opportunities. Do you have any UK favourites?
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$BTI reported results today. There were no negative surprises, which is fine.
Key issues remain: declining US cigarette volume and weaker performance in heated tobacco. In addition, the environment is becoming more complex in the e-cigarette segment. This segment is key to NGP (new growth products) profitability targets in 2024. There is a continuing risk of a menthol cigarette...
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Super thanks for the summary. I have shares of $BTI in my portfolio and I'm happy with the results as well.
Altria is one of the largest tobacco companies in the world.
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I don't have anything planned yet, I also wish you all the best for the new year!