British American Tobacco: Undervalued With Bearish Assumptions, 10% Dividend

Justin Sullivan British American Tobacco p.l.c. (NYSE:BTI) (BATS) is the largest tobacco company in the world by revenue followed by Philip Morris International Inc. (PM) and Altria Group, Inc. (MO). The company has a rich history going back to the 19th century, and it has survived two world wars while still paying dividends to shareholders. The company started back in 1902 when the British Imperial Tobacco Company and the American Tobacco Company started a joint venture called British American Tobacco. The ...