Best Tobacco Dividend Stocks - For High Returns in 2024
The tobacco industry, despite ongoing regulatory challenges and shifting consumer preferences, remains a stronghold for dividend-seeking investors. Many tobacco companies have a long history of providing consistent and attractive dividend payouts, making them a key focus for income investors. With established global brands, high profit margins, and strong pricing power, tobacco companies often demonstrate resilience in both stable and uncertain market environments. We’ll dive into the top tobacco dividend stocks, exploring why this sector continues to be a reliable source of steady income for investors looking to diversify their portfolios with high-yield stocks.
Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
---|---|---|---|---|---|---|---|
British American Tobacco | 10.02% | -28.20% | -2.85% | 1.21% | -0.43% | 0.63% | -4.26% |
Japan Tobacco | 3.21% | 68.80% | 7.51% | 0.85% | 0.12% | 0.00% | 0.00% |
Universal | 5.76% | 64.59% | 11.43% | 0.98% | 0.09% | 4.11% | 4.75% |
ITC | 2.91% | 0.00% | 28.79% | 7.86% | 0.28% | 11.18% | 5.24% |
Turning Point Brands | 0.45% | 10.08% | 22.81% | 5.83% | 0.28% | 9.52% | 0.00% |
RLX Technology | 0.44% | 17.31% | 31.47% | 1.07% | 0.03% | 0.00% | 0.00% |
Altria | 6.96% | 66.57% | 9.42% | -27.94% | -2.72% | 5.06% | 7.63% |
Philip Morris International | 4.05% | 82.53% | 20.51% | -20.80% | -0.96% | 2.74% | 3.68% |
Vector | 4.00% | 63.35% | 11.54% | -3.23% | -0.27% | -18.53% | -9.74% |
KT&G | 4.37% | 67.46% | 14.12% | 1.49% | 0.10% | 5.39% | 4.97% |
Smoore International | 0.87% | 17.32% | 38.33% | 2.92% | 0.08% | 0.00% | 0.00% |
China Tobacco International | 1.93% | 23.10% | 28.19% | 5.81% | 0.22% | 0.00% | 0.00% |
VST Industries | 4.17% | 0.00% | 22.86% | 4.90% | 0.20% | 14.12% | 9.15% |
Godfrey Phillips India | 0.97% | 0.00% | 33.03% | 6.34% | 0.22% | 40.63% | 0.96% |
Wismilak Inti Makmur | 13.91% | 85.36% | 6.14% | 0.88% | 0.14% | 0.00% | 0.00% |