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BTI British American Tobacco p.l.c. — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock· ADR · Consumer Defensive / Tobacco

$59.80 ▼ $-0.03(-0.05%) as of Oct 29, 2026 06:20 UTC
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British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa. The company offers vapour products; heated products, which consists of a battery-powered device and a plant-based substance consumable that is heated; modern oral products, such as nicotine pouches; combustibles, including cigarette sticks and other tobacco stick products; traditional oral products, such as snus and moist snuff; and fine cut/roll-your-own tobacco products. It sells its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, and Camel Snus brands, as well as Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, and State Express 555 brands. The company distributes its products to retail outlets. British American Tobacco p.l.c. was founded in 1902 and is headquartered in London, the United Kingdom.

Dividend Snapshot

StatusGrowing
Last Dividend$0.8348Pays Nov 12, 2026
Forward Annual$3.34From the $0.8348 dividend declared Feb 12, 2026
FrequencyQuarterly
Last Ex-DateOct 02, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateDec 29, 2026$0.8348, declared Feb 12, 2026The ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Next Pay DateFeb 08, 2027
1-Yr Growth6.4%Annual totals, 2024–2025
10-Yr Growth7.8%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

69/100

Strong indicators

Complete data

Dividend Growth Score

58/100

Moderate growth record

Complete data

Dividend Value Score

Not Rated

only 40% of the inputs available (60% needed)

DividendRank

60/100

Upper middle of the scale

Partial data

How the Dividend Safety Score is built for BTI
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 66% (FY2025) 71 20%
FCF payout ratioFCF payout ratio 88% (FY2025) 43 25%
Net debt / EBITDANet debt / EBITDA 2.6x (FY2025) 70 15%
Interest coverageInterest coverage 5.1x (FY2025) 67 10%
Dividend record42 years of uninterrupted regular payments 100 20%
Earnings stabilityNet income positive in 4 of the last 5 fiscal years (FY2021–FY2025) 70 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for BTI
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 3.0% (2020–2025) 55 25%
Consecutive annual increases3 consecutive annual increases (through 2025) 45 20%
Payout headroomHeadroom from the earnings payout ratio 66% (FY2025) 60 20%
Earnings per share growth (3 years)EPS CAGR 6.1% (FY2022–FY2025) 81 15%
Revenue growth (3 years)Revenue CAGR -2.5% (FY2022–FY2025) 25 10%
10-year dividend growth10-year dividend CAGR 7.8% (2015–2025) 89 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

5.58%

At the Oct 29, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$3.3394

Declared Feb 12, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

63

As of Oct 29, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$51.19 – $66.70

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

81.70%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

42

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

1.98

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 69/100, yield 5.58%.
A Accelerating
3 consecutive years of dividend increases.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
42 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume4,481,447Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$59.56Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$58.99 – $59.73Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$60.47Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$128.64BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out2.15BImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)GBP 2.9812 months to Jun 30, 2026 (Q2 FY2026); reported in GBPEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)15.2Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateOct 02, 2026Pays Nov 12, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateDec 29, 2026Pays Feb 08, 2027; declaredThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)6.3%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)3.0%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases3 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose32Since May 1984
Rank among payers139of 2,430 with a record
Years it fell over 20%4in 40 comparable years
Of peers with 25 or more up years56%also cut at some point

BTI has raised its annual dividend in 32 separate years since May 1984, which ranks 139 among the 2,430 payers with a comparable record in our dataset. In 4 years the annual total fell by more than a fifth.

Of the 310 companies we track with 25 or more years of increases, 173 — 56 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

BTI's dividend yield rose from 5.51% to 5.58% over the past ~90 days (+0.08 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.08 pp from the share price ($60.65 on Jul 31, 2026 → $59.80 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current5.58%
1-Yr Average5.72%
Low / High5.01% – 6.54%
Percentile29%

Across 273 daily observations over the past 13 months (through Oct 23, 2026), BTI's current yield is higher than approximately 29% of them. Our stored price history for BTI covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.8348 Q Regular upcoming, declared Feb 12, 2026 Dec 29, 2026 Dec 29, 2026 Feb 08, 2027
$0.8348 Q Regular Feb 12, 2026 Oct 02, 2026 Oct 02, 2026 Nov 12, 2026
$0.8300 Q Regular Feb 12, 2026 Jul 10, 2026 Jul 10, 2026 Aug 19, 2026
$0.8340 Q Regular Feb 12, 2026 Mar 27, 2026 Mar 27, 2026 May 12, 2026
$0.8234 I Regular Feb 13, 2025 Dec 30, 2025 Dec 30, 2025 Feb 09, 2026
$0.7491 Q Regular Feb 13, 2025 Oct 03, 2025 Oct 03, 2025 Nov 13, 2025
$0.7974 Q Regular Feb 13, 2025 Jun 27, 2025 Jun 27, 2025 Aug 06, 2025
$0.8022 Q Regular Feb 13, 2025 Mar 28, 2025 Mar 28, 2025 May 12, 2025
$0.7304 Q Regular Feb 08, 2024 Dec 20, 2024 Dec 20, 2024 Feb 06, 2025
$0.7627 Q Regular Feb 08, 2024 Sep 27, 2024 Sep 27, 2024 Nov 06, 2024
$0.7538 Q Regular Feb 08, 2024 Jun 28, 2024 Jun 28, 2024 Aug 07, 2024
$0.7349 Q Regular Feb 08, 2024 Mar 21, 2024 Mar 22, 2024 May 07, 2024
$0.7318 Q Regular Feb 09, 2023 Dec 21, 2023 Dec 22, 2023 Feb 06, 2024
$0.7139 I Regular Feb 09, 2023 Sep 28, 2023 Sep 29, 2023 Nov 08, 2023
$0.7344 Q Regular Feb 09, 2023 Jul 13, 2023 Jul 14, 2023 Aug 23, 2023
$0.7239 Q Regular Feb 09, 2023 Mar 23, 2023 Mar 24, 2023 May 08, 2023
$0.6692 Q Regular Feb 11, 2022 Dec 22, 2022 Dec 23, 2022 Feb 06, 2023
$0.6355 I Regular Feb 11, 2022 Sep 29, 2022 Sep 30, 2022 Nov 15, 2022
$0.6555 Q Regular Feb 11, 2022 Jul 07, 2022 Jul 08, 2022 Aug 22, 2022
$0.6804 Q Regular N/A Mar 24, 2022 Mar 25, 2022 May 09, 2022
$0.7299 Q Regular Feb 17, 2021 Dec 22, 2021 Dec 24, 2021 Feb 14, 2022
$0.7217 I Regular Feb 17, 2021 Sep 30, 2021 Oct 01, 2021 Nov 16, 2021
$0.7345 Q Regular Feb 17, 2021 Jul 08, 2021 Jul 09, 2021 Aug 24, 2021
$0.7576 Q Regular Feb 17, 2021 Mar 25, 2021 Mar 26, 2021 May 17, 2021
$0.7178 Q Regular Feb 27, 2020 Dec 17, 2020 Dec 18, 2020 Feb 08, 2021
$0.6896 I Regular Feb 27, 2020 Oct 01, 2020 Oct 02, 2020 Nov 17, 2020
$0.6889 Q Regular Feb 27, 2020 Jul 09, 2020 Jul 10, 2020 Aug 24, 2020
$0.6424 Q Regular Feb 27, 2020 Mar 26, 2020 Mar 27, 2020 May 18, 2020
$0.6740 Q Regular Feb 28, 2019 Dec 26, 2019 Dec 27, 2019 Feb 11, 2020
$0.6521 Q Regular Feb 28, 2019 Oct 03, 2019 Oct 04, 2019 Nov 19, 2019
$0.6745 Q Regular Feb 28, 2019 Jun 27, 2019 Jun 28, 2019 Aug 13, 2019
$0.6597 Q Regular Feb 28, 2019 Mar 21, 2019 Mar 22, 2019 May 13, 2019
$0.6790 Q Regular Feb 22, 2018 Dec 27, 2018 Dec 28, 2018 Feb 12, 2019
$0.6217 Q Regular Feb 22, 2018 Oct 04, 2018 Oct 05, 2018 Nov 20, 2018
$0.6281 Q Regular Feb 22, 2018 Jun 28, 2018 Jun 29, 2018 Aug 13, 2018
$0.6611 Q Regular Feb 22, 2018 Mar 22, 2018 Mar 23, 2018 May 14, 2018
$0.6069 Q Regular Dec 05, 2017 Dec 28, 2017 Dec 29, 2017 Feb 13, 2018
$0.7586 S Regular Jul 27, 2017 Aug 16, 2017 Aug 18, 2017 Oct 03, 2017
$1.5239 S Regular Mar 01, 2017 Mar 15, 2017 Mar 17, 2017 May 09, 2017
$1.3325 S Regular N/A Aug 17, 2016 Aug 19, 2016 Oct 03, 2016
$3.0292 S Regular N/A Mar 16, 2016 Mar 18, 2016 May 10, 2016
$1.4929 S Regular N/A Aug 19, 2015 Aug 21, 2015 Oct 05, 2015
$3.0617 S Regular N/A Mar 18, 2015 Mar 20, 2015 May 12, 2015
$1.5403 S Regular N/A Aug 20, 2014 Aug 22, 2014 Oct 03, 2014
$3.2997 S Regular N/A Mar 12, 2014 Mar 14, 2014 May 13, 2014
$1.4563 S Regular N/A Aug 21, 2013 Aug 23, 2013 Oct 03, 2013
$2.8796 S Regular N/A Mar 13, 2013 Mar 15, 2013 May 15, 2013
$1.3617 S Regular N/A Aug 15, 2012 Aug 17, 2012 Oct 01, 2012
$2.8601 S Regular N/A Mar 07, 2012 Mar 09, 2012 May 08, 2012
$1.1918 S Regular N/A Aug 17, 2011 Aug 19, 2011 Oct 03, 2011
$2.6600 S Regular N/A Mar 09, 2011 Mar 11, 2011 May 10, 2011
$1.0491 S Regular N/A Aug 18, 2010 Aug 20, 2010 Oct 04, 2010
$2.1312 S Regular N/A Mar 10, 2010 Mar 12, 2010 May 11, 2010
$0.8881 S Regular N/A Aug 19, 2009 Aug 21, 2009 Oct 02, 2009
$1.8550 S Regular N/A Mar 11, 2009 Mar 13, 2009 May 11, 2009
$0.7885 S Regular N/A Aug 06, 2008 Aug 08, 2008 Sep 29, 2008
$1.8591 S Regular N/A Mar 05, 2008 Mar 07, 2008 May 19, 2008
$0.7550 S Regular N/A Aug 01, 2007 Aug 03, 2007 Sep 24, 2007
$1.5971 S Regular N/A Mar 07, 2007 Mar 09, 2007 May 14, 2007
$0.5882 S Regular N/A Aug 02, 2006 Aug 04, 2006 Sep 25, 2006
$1.2113 S Regular N/A Mar 08, 2006 Mar 10, 2006 May 15, 2006
$0.5102 S Regular N/A Aug 03, 2005 Aug 05, 2005 Sep 26, 2005
$1.1053 S Regular N/A Mar 09, 2005 Mar 11, 2005 May 16, 2005
$0.4513 S Regular N/A Aug 04, 2004 Aug 06, 2004 Sep 27, 2004
$0.9628 S Regular N/A Mar 03, 2004 Mar 05, 2004 May 07, 2004
$0.3778 S Regular N/A Aug 06, 2003 Aug 08, 2003 Sep 25, 2003
$0.8504 S Regular N/A Mar 05, 2003 Mar 07, 2003 May 02, 2003
$0.3666 S Regular N/A Aug 07, 2002 Aug 09, 2002 Sep 26, 2002
$0.7168 S Regular N/A Mar 06, 2002 Mar 08, 2002 Apr 29, 2002
$0.3154 S Regular N/A Aug 08, 2001 Aug 10, 2001 Sep 27, 2001
$0.6336 S Regular N/A Mar 07, 2001 Mar 09, 2001 May 18, 2001
$0.2794 S Regular N/A Aug 09, 2000 Aug 11, 2000 Sep 28, 2000
$0.6194 S Regular N/A Mar 15, 2000 Mar 17, 2000 May 15, 2000
$0.1568 S Regular N/A Aug 11, 1999 Aug 13, 1999 Oct 08, 1999
$0.6991 S Regular N/A Apr 01, 1999 Apr 06, 1999 Jul 12, 1999
$0.2646 S Regular N/A Nov 04, 1998 Nov 06, 1998 Jan 15, 1999
$0.5310 S Regular N/A Mar 25, 1998 N/A N/A
$0.4070 S Regular N/A Aug 13, 1997 N/A N/A
$0.6630 S Regular N/A Mar 19, 1997 N/A N/A
$0.4230 S Regular N/A Aug 16, 1996 N/A N/A
$0.5720 S Regular N/A Mar 22, 1996 N/A N/A
$0.3580 S Regular N/A Aug 11, 1995 N/A N/A
$0.5330 S Regular N/A Mar 31, 1995 N/A N/A
$0.3310 S Regular N/A Aug 19, 1994 N/A N/A
$0.4670 S Regular N/A Apr 15, 1994 N/A N/A
$0.0745 S Regular N/A Aug 06, 1993 N/A N/A
$0.2200 S Regular N/A Apr 02, 1993 N/A N/A
$0.1645 S Regular N/A Aug 14, 1992 N/A N/A
$0.1355 S Regular N/A Mar 27, 1992 N/A N/A
$0.1430 Q Regular N/A Sep 20, 1991 N/A N/A
$0.1165 Q Regular N/A Jun 07, 1991 N/A N/A
$0.1155 I Regular N/A Apr 05, 1991 N/A N/A
$0.1385 Q Regular N/A Sep 14, 1990 N/A N/A
$0.5745 I Special N/A Jun 07, 1990 N/A N/A
$0.3220 Q Special N/A Apr 11, 1990 N/A N/A
$0.1175 Q Regular N/A Mar 30, 1990 N/A N/A
$0.1165 Q Regular N/A Dec 01, 1989 N/A N/A
$0.0770 S Regular N/A Sep 22, 1989 N/A N/A
$0.1045 S Regular N/A Apr 07, 1989 N/A N/A
$0.0730 S Regular N/A Sep 23, 1988 N/A N/A
$0.1000 S Regular N/A Apr 15, 1988 N/A N/A
$0.0415 S Regular N/A Sep 19, 1986 N/A N/A
$0.0605 S Regular N/A Apr 04, 1986 N/A N/A
$0.2880 S Regular N/A Oct 11, 1985 N/A N/A
$0.3520 S Regular N/A May 29, 1985 N/A N/A
$0.2080 S Regular N/A Oct 12, 1984 N/A N/A
$0.2720 S Regular N/A May 29, 1984 N/A N/A

Peer Comparison

Selected Tobacco dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
TPB Turning Point Brands, Inc. 0.48% 8.4% 7 yrs 74
MO Altria Group, Inc. 6.08% 4.1% 16 yrs 64
IMBBF Imperial Brands PLC 5.92% 1.8% 3 yrs 64
GDNGY PT Gudang Garam Tbk 5.00% N/A N/A 62

BTI dividend — frequently asked questions

Does British American Tobacco p.l.c. pay a dividend?

Yes. British American Tobacco p.l.c. (BTI) currently pays a dividend. The annualized dividend is about $3.34 per share, a yield of approximately 5.58%.

What is British American Tobacco p.l.c.'s dividend yield?

British American Tobacco p.l.c.'s dividend yield is approximately 5.58%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does British American Tobacco p.l.c. pay dividends?

British American Tobacco p.l.c. pays dividends quarterly — 4 times per year.

When is British American Tobacco p.l.c.'s next ex-dividend date?

The next declared ex-dividend date for British American Tobacco p.l.c. is December 29, 2026. The associated payment is $0.8348 per share; you must own the shares before the ex-dividend date to receive it.

How long has British American Tobacco p.l.c. paid dividends?

British American Tobacco p.l.c. has 42 years of dividend payments on record, and has increased its dividend for 3 consecutive years.

Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.