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

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

British American Tobacco has increased its dividend payment by an average of 0.4% annually over the last three years. British American Tobacco has a payout ratio of 62.6% meaning its dividend is sufficiently covered by earnings. Equities 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 %

British American Tobacco stock traded down $0.15 during mid-day trading on Wednesday, reaching $40.56. 1,104,643 shares of the company traded hands, compared to its average volume of 4,461,048. The firm’s 50 day moving average price is $39.57 and its 200 day moving average price is $37.60. British American Tobacco has a 52-week low of $28.25 and a 52-week high of $42.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The firm has a market capitalization of $84.01 billion, a price-to-earnings ratio of 8.33 and a beta of 0.50.

Wall Street Analysts Forecast Growth

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

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.