PM Images The FOMC minutes from the last meeting were released on May 22nd, and the markets got spooked after the information was digested. In my opinion, the language that jeopardized a Fed pivot was that the committee members are looking for sustained progress of inflation moving toward 2%. There is no telling what this metric needs to be for the Fed to have the confidence they require to at least start the cutting process. My problem is that the Fed is almost waiting for the perfect moment, and this coul ...

catnap72 Analysts expect this company to earn $4.71 in 2024, on revenues of $34.22 billion. For 2025, estimates are at $4.98 per share, with revenues coming in at $35.37 billion. Results for 2026 are expected to rise further with earnings estimates at $5.23 per share, with revenues totaling $36.44 billion. These estimates do not show a business that is declining, but rather one that has some growth which can easily support the dividend which is very well covered by earnings. I think this stock is extremely ...

Core Viewpoint - British American Tobacco is facing significant challenges due to a declining cigarette market, but it is developing a new division that shows promise for future growth [1][5]. Group 1: Market Performance - The share prices of British American Tobacco have decreased by approximately 55% since their peak in 2017 [1]. - The company's dividend yield has reached a high of 9.4%, attracting dividend investors [1]. Group 2: Declining Cigarette Business - British American Tobacco is one of the largest cigarette manufacturers globally, but cigarette volumes have been declining for years [2]. - The production of cigarettes dropped from 700 billion in 2018 to 555 billion in 2023, representing a 21% decline over five years [3]. - The company has revised its accounting for U.S. brands, now assuming they will become worthless in about 30 years, indicating a terminal decline in the U.S. cigarette business [4]. Group 3: Strategic Adjustments - Despite the decline in volume, British American Tobacco has managed to implement price increases to mitigate the impact, allowing it to maintain its dividend [6]. - The company is actively pursuing alternative tobacco and nicotine products, which currently contribute around 16.5% to its revenue, with a goal of increasing this to 50% by 2035 [7]. Group 4: New Categories Division - The "new categories" division of British American Tobacco became profitable at the division level in 2023, two years ahead of management's expectations [8]. - The success of this division is not merely speculative; it is demonstrating tangible results [8]. Group 5: Investment Considerations - For aggressive investors, the steep decline in stock price and high yield may present an attractive opportunity, provided they are willing to accept the associated risks [9][10].

PM Images The third week in May was one for the record books as the Dow closed at record as it exceeded 40,000. As the DOW added 1.03% this week to finish at record highs, the S&P 500 added 1.36% as it finished the week at 5,303.27, while the Nasdaq closed at 16,685.97, adding 1.82% on the week. The market continued higher after the April CPI report was released, which indicated that the YoY inflation rate decreased by 0.1% MoM to 3.4%. We also got some surprising data out of China that industrial productio ...

6 Passive Income Dividend Giants That Always Get Overlooked 24/7 Insights Passive income is characterized by its ability to generate revenue without requiring the earner's continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence. According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade or business in which the individual does not materially part ...

British American Tobacco is working hard to move away from its legacy offerings to newer products; investors should hold management to the target. British American Tobacco (BTI 0.13%) reached a key goal in 2023 and it did it two years ahead of schedule. That's a good outcome for a company that is facing an existential crisis. As you watch this global cigarette maker, you need to keep in mind both the progress it is making in other areas of the company and the goals it has set for itself. British American To ...

The Zacks Tobacco industry players have been witnessing soft cigarette sales volumes due to inflation, changing consumer habits, and stringent regulations. Increased costs of essential materials further raise concerns for profit margins. While investments in smoke-free products come at the cost of margins, they have been driving revenues of tobacco companies, given consumers' growing health consciousness. Pricing power has also been working well. These upsides keep Philip Morris International Inc. (PM) , Al ...

4 Absolutely Best Dividend Stocks Yielding Over 10% Teerachai Jampanak / Shutterstock.com Investors love dividend stocks, especially the ultra-yield variety because they provide a significant income stream and offer massive total returns. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or a portfolio consists of income and stock appreciation.Most dividend investors aim to secure a reliable passive income stre ...

Cigarette smoking is in a secular decline but the tobacco industry remains extremely profitable. And as manufacturers develop new reduced-risk products to help wean smokers off cigarettes, new avenues of growth open. With the tobacco industry going through a major overhaul, investors are looking for the next top tobacco stock. Combustible cigarettes are still the industry’s mainstay. Where tobacco products represent a near-$1 trillion opportunity in 2024, cigarettes hold the largest share at $854 billion, a ...

British American Tobacco has a big dividend yield, but it is facing an existential crisis. This is a high-risk/high-return equation.British American Tobacco (BTI 1.02%) has a massive 9.9% dividend yield. If it can sustain that dividend, investors will basically get the average return of the market over time from dividends alone. If the stock price goes up, all of that gain would be gravy. That sounds like a recipe for long-term investment success. But read this before you jump in thinking British American T ...