5 High Yield Fortune 500 Stocks to Buy Now

3. British American Tobacco plc (NYSE:BTI)

Dividend Yield as of June 11: 5.34% 

British American Tobacco plc (NYSE:BTI) is a leading multi-category consumer goods company that provides tobacco and nicotine products to millions of consumers around the world.

On June 8, Morgan Stanley analyst Rashad Kawan boosted the firm’s price objective on British American Tobacco plc (NYSE:BTI) from £4,900 to £4,950, while maintaining an ‘Overweight’ rating on the shares. The revised target reflects an upside of over 7% from the current share price.

British American Tobacco plc (NYSE:BTI) sells a wide range of products, including vaporizers, chewing tobacco, and heated tobacco, but the majority of the company’s revenue still comes from cigarettes. However, with a large number of consumers now moving away from smoking, BAT is having to transition to next-gen products, including nicotine pouches, which have emerged as the fastest-growing segment within new categories. The business witnessed a 47% rise in sales volume in 2025.

British American Tobacco plc (NYSE:BTI) also offers an attractive annual dividend yield of 5.34%, and its high operating profit margin, which came in at 44% on an adjusted basis last year, helps to ensure the reliability of the high payout.