From Nasdaq: 2024-03-29 04:33:00

Investors seek dividends as a form of income from their investments. High-yield stocks can offer significant returns but beware of yield traps. British American Tobacco (NYSE: BTI) is a leading global tobacco company with popular brands and $34 billion in revenue in 2023. It pays quarterly dividends totaling $2.92 per share, offering a 9.75% yield. The company’s strong financials support the dividend payout, providing investors with a reliable income stream. By investing in British American Tobacco, you can potentially earn $10,000 in annual dividend income by owning 3,425 shares, requiring an investment of $102,750. Consider the reliability and potential growth of dividends before investing.



Read more at Nasdaq: How $102,750 Can Buy You $10,000 in Annual Dividend Income