British American Tobacco p.l.c. (BTI) Dividend History

NYSE: BTIYield, payment dates, growth and payout ratio.

BTI next dividend

$0.82per share · −1.2% vs last
Ex-dividend dateDec 29Tuesday, 2026
Payment dateFeb 8Monday, 2027

Ex-dividend in 72 days. Shareholders who own BTI before the ex-dividend date receive this payment.

  • 2 yearsof dividend increases
  • 1984paying since
  • Quarterly4 payments a year
  • +2.0%5-year growth a year
  • 5.57%forward yield

BTI dividend income calculator

Dividend income a year
$334
Each payment
$84
Value of the shares
$6,000
Dividend yield
5.57%

At the latest close; forward annual dividend $3.34 per share, before tax.

BTI dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

BTI dividend safety

Payout ratio (earnings)127.6%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)88.5%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)+2.0%
Slow growth · a year on average
Years of increases2
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

BTI yield on cost

British American Tobacco p.l.c. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$51.626.47%$3.256.3%
3 years ago$30.3011.02%$9.1730.3%
5 years ago$35.909.30%$14.9841.7%
10 years ago$59.385.62%$28.1447.4%
20 years ago$27.2712.25%$46.76171.5%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

BTI dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

BTI dividends by year

British American Tobacco p.l.c. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$3.00+0.8%5.29%4
2024$2.97+6.0%8.18%4
2023$2.80−5.3%9.57%4
2022$2.96−0.8%7.40%4
2021$2.98+10.2%7.98%4
2020$2.71+0.4%7.22%4
2019$2.70−0.7%6.35%4
2018$2.72—8.52%4
2017$2.80—4.18%3
2016$2.13−8.2%3.79%2
2015$2.33−5.2%4.21%2
2014$2.45+13.1%4.55%2
2013$2.17+2.7%4.04%2
2012$2.11+9.6%4.17%2
2011$1.93+19.1%4.06%2
2010$1.62+16.5%4.16%2
2009$1.39+4.8%4.29%2
2008$1.32+12.6%4.99%2
2007$1.18+30.7%2.99%2
2006$0.90—3.18%2

BTI dividend history

110 payments
British American Tobacco p.l.c. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-12-292027-02-08$0.8248−1.2%Quarterly
2026-10-022026-11-12$0.835—Quarterly
2026-07-102026-08-19$0.835—Quarterly
2026-03-272026-05-12$0.835+11.5%Quarterly
2025-12-302026-02-09$0.749—Quarterly
2025-10-032025-11-13$0.749—Quarterly
2025-06-272025-08-06$0.749—Quarterly
2025-03-282025-05-12$0.749+0.8%Quarterly
2024-12-202025-02-06$0.743—Quarterly
2024-09-272024-11-06$0.743—Quarterly
2024-06-282024-08-07$0.743—Quarterly
2024-03-212024-05-07$0.743+6.0%Quarterly
2023-12-212024-02-06$0.701—Quarterly
2023-09-282023-11-08$0.701—Quarterly
2023-07-132023-08-23$0.701—Quarterly
2023-03-232023-05-08$0.701−5.3%Quarterly
Show all 110 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-12-222023-02-06$0.74—Quarterly
2022-09-292022-11-15$0.74—Quarterly
2022-07-072022-08-22$0.74—Quarterly
2022-03-242022-05-09$0.74−0.8%Quarterly
2021-12-222022-02-14$0.746—Quarterly
2021-09-302021-11-16$0.746—Quarterly
2021-07-082021-08-24$0.746—Quarterly
2021-03-252021-05-17$0.746+10.2%Quarterly
2020-12-172021-02-08$0.677—Quarterly
2020-10-012020-11-17$0.677—Quarterly
2020-07-092020-08-24$0.677—Quarterly
2020-03-262020-05-18$0.677+0.4%Quarterly
2019-12-262020-02-11$0.674—Quarterly
2019-10-032019-11-19$0.674—Quarterly
2019-06-272019-08-13$0.674—Quarterly
2019-03-212019-05-13$0.674−0.7%Quarterly
2018-12-272019-02-12$0.679—Quarterly
2018-10-042018-11-20$0.679—Quarterly
2018-06-282018-08-13$0.679—Quarterly
2018-03-222018-05-14$0.679+15.9%Quarterly
2017-12-282018-02-13$0.586−20.6%Semiannual
2017-08-162017-10-03$0.738−50.0%Semiannual
2017-03-152017-05-09$1.48+119.0%Semiannual
2016-08-172016-10-03$0.6745−53.8%Semiannual
2016-03-162016-05-10$1.46+89.1%Semiannual
2015-08-192015-10-05$0.772−50.3%Semiannual
2015-03-182015-05-12$1.55+93.6%Semiannual
2014-08-202014-10-03$0.802−51.4%Semiannual
2014-03-122014-05-13$1.65+126.6%Semiannual
2013-08-212013-10-03$0.728−49.4%Semiannual
2013-03-132013-05-15$1.44+111.5%Semiannual
2012-08-152012-10-01$0.681−52.4%Semiannual
2012-03-072012-05-08$1.43+139.9%Semiannual
2011-08-172011-10-03$0.596−55.2%Semiannual
2011-03-092011-05-10$1.33+153.6%Semiannual
2010-08-182010-10-04$0.5245−52.0%Semiannual
2010-03-102010-05-11$1.09+137.1%Semiannual
2009-08-192009-10-02$0.4605−50.4%Semiannual
2009-03-112009-05-11$0.9275+135.1%Semiannual
2008-08-062008-09-29$0.3945−57.6%
2008-03-052008-05-19$0.9295+146.2%
2007-08-012007-09-24$0.3775−52.7%
2007-03-072007-05-14$0.7985+171.6%
2006-08-022006-09-25$0.294−51.4%
2006-03-082006-05-15$0.6055+137.5%
2005-08-032005-09-26$0.255−53.8%
2005-03-092005-05-16$0.5525+145.0%
2004-08-042004-09-27$0.2255−53.2%
2004-03-032004-05-07$0.4815+152.1%
2003-08-062003-09-25$0.191−55.1%
2003-03-052003-05-02$0.425+131.6%
2002-08-072002-09-26$0.1835−47.9%
2002-03-062002-04-29$0.352+123.5%
2001-08-082001-09-27$0.1575−50.3%
2001-03-072001-05-18$0.317+113.5%
2000-08-092000-09-28$0.1485−52.0%
2000-03-152000-05-15$0.3095+294.3%
1999-08-111999-10-08$0.0785−81.4%
1999-04-011999-07-12$0.4215+218.1%
1998-11-041999-01-15$0.1325−50.1%
1998-03-25—$0.2655+30.5%
1997-08-13—$0.2035−38.6%
1997-03-19—$0.3315+56.7%
1996-08-16—$0.2115−26.0%
1996-03-22—$0.286+59.8%
1995-08-11—$0.179−32.8%
1995-03-31—$0.2665+61.0%
1994-08-19—$0.1655−29.1%
1994-04-15—$0.2335+213.4%
1993-08-06—$0.0745−32.3%
1993-04-02—$0.11+33.7%
1992-08-14—$0.0823+21.4%
1992-03-27—$0.0678−5.2%
1991-09-20—$0.0715+22.7%
1991-06-07—$0.0583+0.9%
1991-04-05—$0.0578−16.6%
1990-09-14—$0.0693−85.8%
1990-06-15—$0.487+69.5%
1990-06-07—$0.2873+78.4%
1990-04-11—$0.161+174.0%
1990-03-30—$0.0587+0.9%
1989-12-01—$0.0583+51.3%
1989-09-22—$0.0385−26.3%
1989-04-07—$0.0522+43.2%
1988-09-23—$0.0365−27.0%
1988-04-15—$0.05−83.0%
1987-09-18—$0.2942−21.4%
1987-04-08—$0.3742+1,703.4%
1986-09-19—$0.0208−31.4%
1986-04-04—$0.0302−79.0%
1985-10-11—$0.144−18.2%
1985-05-29—$0.176+69.2%
1984-10-12—$0.104−23.5%
1984-05-29—$0.136—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

BTI stock split history

  • 2:1February 14, 2017
  • 2:1May 27, 1993

BTI dividend overview

British American Tobacco p.l.c. pays an annual dividend of $3.34 per share, a yield of 5.57% at the latest close, paid quarterly. It paid $3.00 per share in 2025, up 0.8% from 2024. It has raised its dividend for 2 consecutive years. Over five years the dividend grew 2.0% a year on average and over ten years 2.6% a year. The payout ratio is 127.6% of trailing earnings.

Related: BTI cash flow statement, BTI key metrics, BTI chart. See the BTI stock overview for the latest quote and news.

BTI dividends FAQ

Does British American Tobacco p.l.c. pay a dividend?

Yes. British American Tobacco p.l.c. has paid a regular dividend since 1984, quarterly, most recently $0.82 per share with an ex-dividend date of December 29, 2026.

What is British American Tobacco p.l.c.'s dividend yield?

British American Tobacco p.l.c.'s forward annual dividend is $3.34 per share, a dividend yield of 5.57% at the latest close of $60.00.

When is British American Tobacco p.l.c.'s next dividend?

British American Tobacco p.l.c.'s next dividend of $0.82 per share goes ex-dividend on December 29, 2026 and is paid on February 8, 2027. Shareholders who own the stock before the ex-dividend date receive it.

How often does British American Tobacco p.l.c. pay dividends?

British American Tobacco p.l.c. pays dividends quarterly.

How fast is British American Tobacco p.l.c.'s dividend growing?

British American Tobacco p.l.c.'s dividend per share grew from $2.71 in 2020 to $3.00 in 2025, 2.0% a year on average over five years; it has increased for 2 years in a row.

What is British American Tobacco p.l.c.'s dividend payout ratio?

British American Tobacco p.l.c. pays out 127.6% of its trailing earnings as dividends and 88.5% of its free cash flow (fiscal 2025).

Has British American Tobacco p.l.c. split its stock?

British American Tobacco p.l.c. has split its stock 2 times: 2:1 on February 14, 2017, 2:1 on May 27, 1993. Dividends per share on this page are adjusted for splits.

Tobacco: dividends