5 Dividend Stocks with Over 8% Yield

4. British American Tobacco p.l.c. (NYSE:BTI)

Dividend Yield as of August 18: 10.7%

British American Tobacco p.l.c. (NYSE:BTI) specializes in the manufacturing of tobacco, nicotine, and related products. The company is based in London, United Kingdom. On February 9, 2023, the company announced a dividend of £2.309 for every £0.25 regular share. This dividend will be given in four equal portions of £0.5772 per share, distributed in May 2023, August 2023, November 2023, and February 2024. With a dividend yield of 10.7% as of August 18, BTI is one of the best dividend stocks on our list.

As of the close of Q2 2023, 22 hedge funds in Insider Monkey’s database reported having stakes in British American Tobacco p.l.c. (NYSE:BTI), the same as in the previous quarter. The collective value of these stakes is nearly $489 million.

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