SmarterDividends
BTI

British American Tobacco p.l.c.

BTI

Consumer Defensive · Stock · quarterly payer

Forward Yield

5.77%

Annual Dividend

$3.34

Payout Ratio

69%

5-Yr Growth

2.0%

Ex-Date

Jul 10, 2026

Frequency

Quarterly

BTI Dividend Safety Score

62/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage69% of earnings paid out
Balance-sheet strengthDebt/equity of 0.73
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is BTI a good dividend stock?

Yes, with caveats

British American Tobacco p.l.c. (BTI) pays a quarterly dividend yielding 5.77% ($3.34/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 50% total price return over 5 years

Risks

  • Cut its dividend in 2023

Key Data

Dividend Yield
5.77%
Payout Ratio
69%
Annual Dividend
$3.34
5-Yr Avg Growth
2.0%
Ex-Dividend Date
Jul 10, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.13
Market Cap
$125.0B
P/E Ratio
12.3
5-Yr Total Return
50%
52-Week Range
$46.38 – $67.30
Dividend Safety
C · 62/100
Ever Cut?
Yes (2023)
BTI ex-dividend date & scheduleNext ex-date Jul 10, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.34 / yr per share

Per payment (quarterly)$83.50
Annual$334.00
Monthly avg$27.83