British American Tobacco (ADR)

BTI remains undervalued, offering a secure 6% dividend yield, with recent US market improvements enhancing long-term dividend sustainability. Key positives include US growth, resolution of the Canada settlement, and Velo Plus gaining share, though illicit vape challenges persist. Transformation is slower than peers, but BTI's diversified, multi-category approach and strong cash flow support continued dividend payments and deleveraging.» Mehr auf seekingalpha.com

British American Tobacco has re-rated materially from a sub 6X P/E to a current P/E of 10X. Returns based on management guidance look relatively unexciting, but there's more to the story. Turning the tide on illicit disposables in the U.S. and exciting prospects for Modern Oral could provide multi-year tailwinds for growth, boosting earnings above management guidance.» Mehr auf seekingalpha.com

Traditionally, a large portion of equity returns has come from two factors - reinvested dividends and compounding. We present two income-focused approaches: a fund-based portfolio for hands-off investors and a stock-plus-ETF portfolio for active investors. Both strategies target a 6% income yield, capital preservation, and inflation-beating growth, but differ in maintenance ask and risk profiles.» Mehr auf seekingalpha.com