British American Tobacco p.l.c. (LON:BATS – Get Free Report)’s share price fell 8.8% during mid-day trading on Thursday . The company traded as low as GBX 3,058 ($38.06) and last traded at GBX 3,095 ($38.52). 7,627,052 shares were traded during trading, a decline of 74% from the average session volume of 29,680,895 shares. The stock had previously closed at GBX 3,394 ($42.25).
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 2,800 ($34.85) price target on shares of British American Tobacco in a research report on Thursday, December 12th.
Get Our Latest Report on British American Tobacco
British American Tobacco Trading Down 8.8 %
British American Tobacco (LON:BATS – Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported GBX 364.30 ($4.53) earnings per share for the quarter. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 25.94%. As a group, equities analysts expect that British American Tobacco p.l.c. will post 361.5079365 earnings per share for the current year.
British American Tobacco Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, December 19th were issued a GBX 58.88 ($0.73) dividend. The ex-dividend date was Thursday, December 19th. This is an increase from British American Tobacco’s previous dividend of $57.72. This represents a dividend yield of 2.54%. British American Tobacco’s dividend payout ratio (DPR) is -38.08%.
About British American Tobacco
BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.
BAT is transforming and is well positioned with a global footprint and multi-category portfolio.
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