|Bid||42.71 x 1300|
|Ask||42.92 x 4000|
|Day's range||42.39 - 42.94|
|52-week range||33.62 - 43.90|
|Beta (5Y monthly)||0.69|
|PE ratio (TTM)||11.87|
|Forward dividend & yield||2.98 (6.99%)|
|Ex-dividend date||23 Dec 2021|
|1y target est||53.00|
Older investors are starved for income these days. To help raise income, investors can pivot to stocks with high dividend yields. Extra risk comes with high dividend-payers, as they can cut their dividends at any time if the business goes south.
A stock that comes with a predicted yield of nearly 8pc and a forecast price-to-earnings ratio of almost nine is either a massive value trap or an absolute steal.
The company, which owns brands such as Lucky Strike, Pall Mall and Camel, said more people switched to its Vuse vaping and Velo oral nicotine ranges as a healthier alternative to tobacco.