British American Tobacco (NYSE: BTI) owns the Camel, Newport, Lucky Strike, and Pall Mall cigarette brands. Although it is a U.S. cigarette maker, it has a global footprint, which separates it from both Altria (NYSE: MO), which only operates in the U.S., and Philip Morris International (NYSE: PM), which sells cigarettes internationally but not in […]
Tag: Tobaccos
Is British American Tobacco’s 9.5% Dividend Yield Too Good to Be True?
There was a time when tobacco stocks were among the best investments you could own. For example, Altria (NYSE: MO), which for much of its history also owned what is now Philip Morris (NYSE: PM), was the best-performing stock on the market over a nearly 50-year period, according to Wharton professor Jeremy Siegel. However, over […]