British American Tobacco (BATS) 🚬 ☠ - Share Chat

There is a difference between unethical and illegal. I don’t have any BATS at the moment, but I have held some in the past. Selling a dangerous product like cigarettes may be unethical, but bribery is illegal. Under UK laws you can be prosecuted for bribery even if it takes place abroad with foreign officials.

Personally I don’t have an issue with investing in less ethical investments. I can’t change the world, and me making a few quid off these companies doesn’t make any difference in the long run.

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8% dividend yield how much was that per share?

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Have a look on Dividend Max - they have the historical dividends on there👍🏼

https://www.dividendmax.com/united-kingdom/london-stock-exchange/tobacco/british-american-tobacco-plc/dividends

bats is great, smokers gonna smoke. Even paid a dividend during covid.

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Totally agree! Also, the amount of tax paid is huge so at least it contributes to the treasury similar to alcohol which causes similar problems in households. Having said that I did sell mine just because I think it is going to become an extinct business in time.