British American Tobacco p.l.c news

Mentioned as a customer with positive feedback on project44's AI capabilities for carrier network visibility and data quality improvements, but no direct financial or operational impact disclosed.

Offers one of the highest yields (5%) with 29 consecutive years of dividend increases. Healthy payout ratio (69%) and positive EPS growth (3.4%). Strong positioning in smoke-free products like Velo Plus and Vuse provides growth support.

Mentioned as a peer seeing more success with smoke-free products compared to Altria, suggesting better execution of diversification strategy.

Gained today alongside Altria but finished up less than 1%, indicating weaker performance compared to Altria despite being in the same defensive sector rotation.

Third-largest holding at $22.51 million (20.8% of AUM), representing a substantial portion of the fund's portfolio.

Smokeless brands (Vuse, glo, Velo) reached over 31 million adult consumers with smokeless products accounting for 18.2% of group revenue. Company targets 50 million consumers by 2030 and 50% of revenue from smokeless products by 2035, demonstrating strategic growth in high-margin categories.