British American Tobacco: A Cheap And Juicy Yield

2025-07-03 03:04:19 ET

British American Tobacco ( BTI ) (BTAFF) is a well-run tobacco company with a growing focus on alternative products like Vuse, glo and Velo that are meant to accelerate BTI’s top line and free cash flow growth. The company has laid out some ambitious long term FCF goals and will continue to return a lot of its free cash flow to shareholders in the years ahead. British American Tobacco is seeing material momentum in the alternative products category, especially in Velo where the company is seeing the strongest growth momentum, according to last month's trading update . What I like the most about BTI is the combination of a low earnings-based valuation with a juicy capital return program, increasing stock dividends as well as higher stock buybacks....

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