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Is British American Tobacco p.l.c. (BTI) the Best Dividend Stock to Buy Under $50?


Published on 2024-12-25 09:41:18 - MSN
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  • We recently compiled a list of the 13 Best Dividend Stocks to Buy Under $50. In this article, we are going to take a look at where British American Tobacco p.l.c. (NYSE:BTI) stands against the other dividend stocks.

The article from MSN Money discusses whether British American Tobacco (BTI) is the best dividend stock to buy under $50. It highlights that BTI offers a high dividend yield of 9.7%, which is significantly attractive for income-focused investors. Despite the global push towards reducing tobacco use, BTI has diversified into non-combustible products like e-cigarettes and heat-not-burn devices, aiming to transition its revenue streams. The company's strong brand portfolio, including Lucky Strike and Dunhill, supports its market position. However, the article also notes potential risks such as regulatory challenges, health concerns, and the ongoing decline in cigarette sales. Despite these challenges, BTI's efforts in innovation and its robust dividend history make it an appealing choice for those looking for high-yield investments, though it's suggested that investors should consider the long-term viability of the tobacco industry.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/is-british-american-tobacco-p-l-c-bti-the-best-dividend-stock-to-buy-under-50/ar-AA1wtrSx ]
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