British American Tob (JSE: BTI) share price, discussion & sentiment

Picked up more BTI at R1015 given the 8.5% yield and relative stability in the tobacco business, though the regulatory headwinds in key markets keep me from going overweight.

BTI at R1020 is trading near its 52-week highs on the back of steady dividend yields around 8-9%, but the structural headwinds from declining cigarette volumes globally and regulatory pressure in key markets mean valuation needs to justify the income story rather than growth. The

Topped up BTI at 1020 after the recent pull back, yield's still north of 8% and the balance sheet can handle the dividend even if volumes soften.

BTI sitting at R1058 is pricing in some decent dividend yield given the tobacco headwinds, but the currency tailwind and cost discipline are keeping earnings resilient. Question is whether ESG outflows accelerate faster than management can cut costs.

BTI sitting at R1058 with that dividend yield still attractive despite the regulatory headwinds hitting tobacco globally. Revenue's under pressure but if they can stabilize volumes in emerging markets, the yield alone justifies nibbling at weakness here.

BTI pulled back to 1042.80 last close, but the dividend yield still looks attractive for income investors. Is anyone concerned about the longer-term headwinds in tobacco, or does the 8-9% yield justify holding through the regulatory noise?

Grabbed another tranche of BTI at R1042.80 after that pullback last week, the 8% yield is hard to ignore even if the volume numbers worry me a touch.

BTI at R1042.80 trades on a decent yield and the dividend remains resilient even as volumes shift toward reduced-risk products, but the structural headwind of declining smoking prevalence globally means any recovery is capped unless they nail the NGP transition. Currency tailwind

BTI catching a bit of momentum today, up 2%. At these valuations with that dividend yield still looking decent, I'm not complaining about the move, though I'd need to see some actual earnings growth to get excited about building a bigger position. The tobacco headwinds aren't going away anytime soon, so I'm taking it one quarter at a time.

BTI catching a bit of momentum today, up 2%. Nothing spectacular but the dividend yield is still holding strong above 9% which keeps it on the radar for income investors. At these valuations it's worth monitoring if the tobacco headwinds ease up, though the structural decline story isn't going away anytime soon.

BTI creeping up again, nothing spectacular but I'll take it. At these valuations with the dividend yield still looking decent, the stock's doing what it should - steady rather than exciting. Not sure if there's much of a catalyst here though, just market noise.

BTI's valuation at R1014.40 looks reasonable on a trailing yield above 8% if the dividend holds, but the structural headwind of declining volumes in combustibles keeps me cautious on long-term earnings growth. The shift toward reduced-risk products is the real story here, and exe

BTI sitting at 1015.85 with that juicy 8.5% yield, but the whole tobacco thesis hinges on whether volume declines keep outpacing price rises. Anyone confident the dividend survives the next regulatory hit, or are we just collecting yield while the ship slowly sinks?

BTI's dividend yield sitting around 8% is still attractive even with the headwinds on volume, and the stock has always rewarded patient holders through the cycles. The real question is whether ESG rotation and shrinking smoker numbers globally become a structural problem or just

BTI holding steady at R1034 despite the headwinds in tobacco. The dividend yield is still attractive around 8% plus, but you're paying for it with a shrinking top line and regulatory risk that keeps compounding. Revenue growth has been negative for a while now, so the yield is re

BTI's 4.6% pop today takes it back toward fair value after recent weakness, but the 8-9% dividend yield still looks stretched given volume headwinds in traditional markets. Tobacco plays are yield traps unless you believe in pricing power holding up, which becomes harder to argue

BTI catching some momentum today, up nearly 5% - probably some relief buying after the recent weakness. At these levels the dividend yield is starting to look interesting again if you're looking for income, but I'd want to see some actual improvement in volumes before getting too excited about a sustained move.

BTI catching some momentum today, up nearly 5% - good to see after that beating it took last month. The dividend yield's still sitting around 8.5% which is solid if they can maintain payouts, but I'm watching whether this is just short-term relief or actual sentiment shift on the tobacco headwinds. Not jumping in on one day's move though, need to see if it holds.

BTI catching a bid today, up nearly 5% - probably some relief that the dividend's still solid and they're managing the volume decline better than feared. At these prices the yield's looking respectable again, though I'm keeping an eye on whether this is genuine momentum or just a dead cat bounce on a structurally challenged business.

BTI up 1.24% today on decent volume. Tobacco stocks are cheap relative to their cash generation, and at current yields this one's throwing off decent income if you can stomach the ESG headwinds.