British American Tobacco p.l.c. (BTI) To Go Ex-Dividend on March 28th

British American Tobacco p.l.c. (NYSE:BTI) declared a dividend on Thursday, February 13th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be paid a dividend of 0.7491 per share on Monday, May 12th. The ex-dividend date is Friday, March 28th.

British American Tobacco has increased its dividend by an average of 0.4% annually over the last three years. British American Tobacco has a dividend payout ratio of 62.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect British American Tobacco to earn $4.99 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 60.1%.

British American Tobacco Trading Down 0.4 %

Shares of BTI stock traded down $0.17 during trading hours on Wednesday, hitting $40.54. The company had a trading volume of 484,685 shares, compared to its average volume of 4,458,852. British American Tobacco has a fifty-two week low of $28.25 and a fifty-two week high of $42.74. The company’s fifty day moving average is $39.57 and its 200 day moving average is $37.60. The stock has a market capitalization of $83.97 billion, a PE ratio of 8.33 and a beta of 0.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58.

Analyst Upgrades and Downgrades

BTI has been the subject of a number of research analyst reports. UBS Group upgraded British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th. StockNews.com upgraded British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th.

About British American Tobacco

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.