BTI at 906c trades on a yield north of 8 percent with steady cash returns, but the structural headwinds in…by @scandi_jse64 on $BTI

BTI at 906c trades on a yield north of 8 percent with steady cash returns, but the structural headwinds in tobacco demand and regulatory tightening mean you're essentially harvesting a declining business rather than owning growth. The valuation might look cheap on P/E grounds, ye