Could British American Tobacco Help You Retire a Millionaire?
British American Tobacco has a huge yield, but it also has a huge problem. Investors should probably temper their expectations. Could that high yield present an opportunity for investors who want to achieve millionaire status by retirement? From a big-picture point of view, British American Tobacco is trying to milk a cash cow business so that it can build up newer businesses to replace it. Along the way, it is pumping out cash to investors via dividends, too, so they stick around. This is a difficult balan ...