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Could Buying British American Tobacco Stock Today Set You Up for Life?
BTIBAT(BTI) The Motley Fool·2024-11-01 08:25

British American Tobacco has a huge 8.6% yield, which is a pretty enticing figure if you are trying to live off of dividends in retirement.If there's one thing that a dividend investor can't resist, it is a large yield. That's probably why British American Tobacco (BTI 1.80%) has caught your eye. At 8.6%, the stock's yield is way higher than the 1.2% you could collect from the S&P 500 index (^GSPC -1.86%) or even the 2.5% of average consumer-staples stock, using Consumer Staples Select Sector SPDR (XLP -0.2 ...