Is the British American Tobacco p.l.c. dividend safe?
At risk
British American Tobacco p.l.c. pays 5.2% a year, but that takes 93% of its free cash flow.
The numbers behind it
Dividend yield5.2%
Paid out of free cash flow93%
Paid out of profit67%
Debt in years of earnings2.2 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about British American Tobacco p.l.c.
Data as of Nov 13, 2026.