Want $1,000 in Dividend Income? Here's How Much You'd Have to Invest in British American Tobacco Stock
BAT(BTI) The Motley Fool·2024-06-08 15:13
Looking for dividend income? Check out British American Tobacco (BTI -0.83%). At its current price and payout, the stock's dividend yields an impressive 9.5%. How much would you need to invest to produce a passive income stream of $1,000 a year? While the use of combustible tobacco is on the decline in several mature markets, including the United States, total tobacco use is still on the rise globally. That's especially true when you factor in smokeless products such as vapes and nicotine pouches -- which t ...