SmarterDividends
BTI

British American Tobacco (BTI) Dividend History

British American Tobacco p.l.c. · every payment since 1986

As of Nov 9, 2026, British American Tobacco (BTI) has paid 102 dividends since 1986. The most recent was $0.8350 per share (ex-date Oct 2, 2026, paid Nov 12, 2026). Over the last 12 months BTI paid $3.2540 across 4 payments, a trailing yield of 5.34%. The average of the last 2 regular payments is +5.4% versus the 2 before.

Latest dividend

$0.8350

Last ex-date

Oct 2, 2026

Paid, last 12 months

$3.25

Trailing yield

5.34%

Frequency

Quarterly

Growth streak

2 yrs

Key facts: BTI dividend history

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, SmarterDividends has 102 dividend payments on record for British American Tobacco p.l.c. (BTI), going back to 1986.
  • BTI's most recent dividend was $0.84 per share, with an ex-dividend date of Oct 2, 2026 and a pay date of Nov 12, 2026.
  • In the 12 months to Nov 9, 2026, BTI paid $3.25 per share in dividends across 4 payments, a trailing yield of 5.34%.
  • BTI's most recent dividend increase took effect with the Mar 27, 2026 ex-date, a 11.5% rise to $0.84 per share.
  • BTI's most recent dividend cut took effect with the Mar 23, 2023 ex-date, a 5.3% reduction to $0.70 per share.
  • BTI paid $3.00 per share in dividends in calendar year 2025, up 0.8% from 2024.
Cite this page

SmarterDividends, "British American Tobacco (BTI) Dividend History: Every Payment, Dates & Yield," updated Nov 9, 2026, https://smarterdividends.com/stocks/BTI/dividend-history

What the record shows

BTI has paid quarterly dividends since 1986, with 102 payments in its record.

Over the last year, BTI made four payments totaling $3.254 per share, equivalent to a 5.42% trailing yield. The latest dividend was $0.835 per share and was unchanged from the previous payment. Even so, the recent average payment was 5.4% above the prior average, indicating an upward near-term trend.

Annual dividends moved unevenly before the latest growth streak. The total rose in back-to-back years, fell in the following pair, and then increased in 2024 and 2025, reaching $2.996 per share. The second decline was larger than the first, while the first rebound was larger than the next increase. Those latest increases form the current two-year dividend growth streak. The last annual cut occurred in 2023, and BTI carries a dividend safety grade of C.

By SmarterDividends Team · written from the payment record on this page · updated Oct 19, 2026 · editorial policy

Dividends versus price, last 12 months

Paid out

5.96%

of price a year ago

Price change

+11.5%

$54.59 → $60.89

Approx. total return

+17.5%

before taxes

Total return adds dividends received to the price change; it ignores reinvestment and taxes.

BTI dividends per year

Total paid per share by calendar year

Recent dividend amounts

Last 24 regular payments, per share

BTI dividend history by year

YearPaymentsTotal per shareChange
2026year to date3$2.5050—
20254$2.9960+0.8%
20244$2.9720+6.0%
20234$2.8040-5.3%
20224$2.9600-0.8%
20214$2.9840+10.2%
20204$2.7080+0.4%
20194$2.6960-0.7%
20184$2.7160-3.0%
20173timing$2.8010+31.3%
20162timing$2.1340-8.2%
20152timing$2.3250-5.2%
20142timing$2.4520+13.1%
20132timing$2.1680+2.7%
20122timing$2.1110+9.6%
20112timing$1.9260+19.1%
20102timing$1.6165+16.5%
20092timing$1.3880+4.8%
20082timing$1.3240+12.6%
20072timing$1.1760+30.7%
20062timing$0.8995+11.4%
20052timing$0.8075+14.2%
20042timing$0.7070+14.8%
20032timing$0.6160+15.0%
20022timing$0.5355+12.9%
20012timing$0.4745+3.6%
20002timing$0.4580-8.4%
19992timing$0.5000+25.6%
19982timing$0.3980-25.6%
19972timing$0.5350+7.5%
19962timing$0.4975+11.7%
19952timing$0.4455+11.7%
19942timing$0.3990+116.3%
19932timing$0.1845+23.0%
19922timing$0.1500-20.0%
19913timing$0.1875-67.5%
19904$0.5763+286.7%
19893timing$0.1490+72.3%
19882timing$0.0865—
19862timing$0.0510—

Every BTI dividend

33 raises · 10 cuts · 29 specials
Ex-dividend datePay dateAmountChangeType
Oct 2, 2026Nov 12, 2026$0.8350+0.0%Unchanged
Jul 10, 2026Aug 19, 2026$0.8350+0.0%Unchanged
Mar 27, 2026May 12, 2026$0.8350+11.5%Raise
Dec 30, 2025Feb 9, 2026$0.7490+0.0%Unchanged
Oct 3, 2025Nov 13, 2025$0.7490+0.0%Unchanged
Jun 27, 2025Aug 6, 2025$0.7490+0.0%Unchanged
Mar 28, 2025May 12, 2025$0.7490+0.8%Raise
Dec 20, 2024Feb 6, 2025$0.7430+0.0%Unchanged
Sep 27, 2024Nov 6, 2024$0.7430+0.0%Unchanged
Jun 28, 2024Aug 7, 2024$0.7430+0.0%Unchanged
Mar 21, 2024May 7, 2024$0.7430+6.0%Raise
Dec 21, 2023Feb 6, 2024$0.7010+0.0%Unchanged
Sep 28, 2023Nov 8, 2023$0.7010+0.0%Unchanged
Jul 13, 2023Aug 23, 2023$0.7010+0.0%Unchanged
Mar 23, 2023May 8, 2023$0.7010-5.3%Cut
Dec 22, 2022Feb 6, 2023$0.7400+0.0%Unchanged
Sep 29, 2022Nov 15, 2022$0.7400+0.0%Unchanged
Jul 7, 2022Aug 22, 2022$0.7400+0.0%Unchanged
Mar 24, 2022May 9, 2022$0.7400-0.8%Unchanged
Dec 22, 2021Feb 14, 2022$0.7460+0.0%Unchanged
Sep 30, 2021Nov 16, 2021$0.7460+0.0%Unchanged
Jul 8, 2021Aug 24, 2021$0.7460+0.0%Unchanged
Mar 25, 2021May 17, 2021$0.7460+10.2%Raise
Dec 17, 2020Feb 8, 2021$0.6770+0.0%Unchanged
Oct 1, 2020Nov 17, 2020$0.6770+0.0%Unchanged
Jul 9, 2020Aug 24, 2020$0.6770+0.0%Unchanged
Mar 26, 2020May 18, 2020$0.6770+0.4%Raise
Dec 26, 2019Feb 11, 2020$0.6740+0.0%Unchanged
Oct 3, 2019Nov 19, 2019$0.6740+0.0%Unchanged
Jun 27, 2019Aug 13, 2019$0.6740+0.0%Unchanged
Mar 21, 2019May 13, 2019$0.6740-0.7%Unchanged
Dec 27, 2018Feb 12, 2019$0.6790+0.0%Unchanged
Oct 4, 2018Nov 20, 2018$0.6790+0.0%Unchanged
Jun 28, 2018Aug 13, 2018$0.6790+0.0%Unchanged
Mar 22, 2018May 14, 2018$0.6790+15.9%Raise
Dec 28, 2017Feb 13, 2018$0.5860-20.6%Cut
Aug 16, 2017Oct 3, 2017$0.7380+9.4%Raise
Mar 15, 2017May 9, 2017$1.4770—Special
Aug 17, 2016Oct 3, 2016$0.6745-12.6%Cut
Mar 16, 2016May 10, 2016$1.4595—Special
Aug 19, 2015Oct 5, 2015$0.7720-3.7%Cut
Mar 18, 2015May 12, 2015$1.5530—Special
Aug 20, 2014Oct 3, 2014$0.8020+10.2%Raise
Mar 12, 2014May 13, 2014$1.6500—Special
Aug 21, 2013Oct 3, 2013$0.7280+6.9%Raise
Mar 13, 2013May 15, 2013$1.4400—Special
Aug 15, 2012Oct 1, 2012$0.6810+14.3%Raise
Mar 7, 2012May 8, 2012$1.4300—Special
Aug 17, 2011Oct 3, 2011$0.5960+13.6%Raise
Mar 9, 2011May 10, 2011$1.3300—Special
Aug 18, 2010Oct 4, 2010$0.5245+13.9%Raise
Mar 10, 2010May 11, 2010$1.0920—Special
Aug 19, 2009Oct 2, 2009$0.4605+16.7%Raise
Mar 11, 2009May 11, 2009$0.9275—Special
Aug 6, 2008Sep 29, 2008$0.3945+4.5%Raise
Mar 5, 2008May 19, 2008$0.9295—Special
Aug 1, 2007Sep 24, 2007$0.3775+28.4%Raise
Mar 7, 2007May 14, 2007$0.7985—Special
Aug 2, 2006Sep 25, 2006$0.2940+15.3%Raise
Mar 8, 2006May 15, 2006$0.6055—Special
Aug 3, 2005Sep 26, 2005$0.2550+13.1%Raise
Mar 9, 2005May 16, 2005$0.5525—Special
Aug 4, 2004Sep 27, 2004$0.2255+18.1%Raise
Mar 3, 2004May 7, 2004$0.4815—Special
Aug 6, 2003Sep 25, 2003$0.1910+4.1%Raise
Mar 5, 2003May 2, 2003$0.4250—Special
Aug 7, 2002Sep 26, 2002$0.1835+16.5%Raise
Mar 6, 2002Apr 29, 2002$0.3520—Special
Aug 8, 2001Sep 27, 2001$0.1575+6.1%Raise
Mar 7, 2001May 18, 2001$0.3170—Special
Aug 9, 2000Sep 28, 2000$0.1485+89.2%Raise
Mar 15, 2000May 15, 2000$0.3095—Special
Aug 11, 1999Oct 8, 1999$0.0785-40.8%Cut
Apr 1, 1999Jul 12, 1999$0.4215—Special
Nov 4, 1998Jan 15, 1999$0.1325-34.9%Cut
Mar 25, 1998—$0.2655—Special
Aug 13, 1997—$0.2035-3.8%Cut
Mar 19, 1997—$0.3315—Special
Aug 16, 1996—$0.2115+18.2%Raise
Mar 22, 1996—$0.2860—Special
Aug 11, 1995—$0.1790+8.2%Raise
Mar 31, 1995—$0.2665—Special
Aug 19, 1994—$0.1655+122.1%Raise
Apr 15, 1994—$0.2335—Special
Aug 6, 1993—$0.0745-9.4%Cut
Apr 2, 1993—$0.1100—Special
Aug 14, 1992—$0.0823+21.4%Raise
Mar 27, 1992—$0.0678+16.3%Raise
Sep 20, 1991—$0.0715—Special
Jun 7, 1991—$0.0583+0.9%Raise
Apr 5, 1991—$0.0578-16.6%Cut
Sep 14, 1990—$0.0693-57.0%Cut
Jun 7, 1990—$0.2873—Special
Apr 11, 1990—$0.1610+174.0%Raise
Mar 30, 1990—$0.0588+0.9%Raise
Dec 1, 1989—$0.0583+51.3%Raise
Sep 22, 1989—$0.0385+5.5%Raise
Apr 7, 1989—$0.0523—Special
Sep 23, 1988—$0.0365+75.9%Raise
Apr 15, 1988—$0.0500—Special
Sep 19, 1986—$0.0208—First
Apr 4, 1986—$0.0303—First

BTI dividend history — FAQ

How much is BTI's dividend?

As of Nov 9, 2026, BTI's most recent dividend was $0.8350 per share, with an ex-dividend date of Oct 2, 2026 and a pay date of Nov 12, 2026. Over the last 12 months it paid $3.2540 per share across 4 payments, a trailing yield of 5.34%.

How often does BTI pay a dividend?

British American Tobacco p.l.c. pays on a quarterly schedule. It made 4 payments in the last 12 months and 4 in 2025.

When is BTI's next dividend?

As of Nov 9, 2026, the next BTI ex-dividend date on record is Dec 29, 2026, payable Feb 8, 2027. Shares must be owned before the ex-dividend date to receive it.

Has BTI ever cut its dividend?

Yes. Our payment-by-payment record shows 10 regular payments lower than the one before it; the most recent annual reduction was in 2023.

How much did BTI pay in dividends in 2025?

BTI paid $2.9960 per share across 4 payments in 2025, up 0.8% from 2024.

What was BTI's total return including dividends over the last year?

Over the 12 months to Nov 6, 2026, BTI paid $3.2540 per share, 5.96% of its price a year earlier, while its price moved +11.5%. That is an approximate total return of +17.5% before taxes and reinvestment.

Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to BTI