What is the current annual payout ratio of BTI?

As of today, BTI annual payout ratio is 68.22%

What is 1-year change in BTI annual payout ratio?

BTI annual payout ratio is down -58.92% year-over-year

What is 3-year change in BTI annual payout ratio?

BTI annual payout ratio is down -5.66% over the past 3 years

How far is BTI annual payout ratio from its all-time high?

BTI annual payout ratio is currently -58.92% below its historical high of 166.07% set on December 31, 2024

How does BTI annual payout ratio rank versus sector peers?

BTI annual payout ratio is higher than 86.67% of companies in Consumer Defensive sector

When is BTI next annual earnings release?

The next annual earnings release for BTI is on February 10, 2027

What is the current TTM payout ratio of BTI?

As of today, BTI TTM payout ratio is 0.00%

What is BTI TTM payout ratio most recent change?

BTI TTM payout ratio remained unchanged on July 31, 2026

What is 1-year change in BTI TTM payout ratio?

BTI TTM payout ratio has remained unchanged year-over-year

How far is BTI TTM payout ratio from its all-time high?

BTI TTM payout ratio is currently -100.00% below its historical high of 767.00% set on March 31, 2000

How does BTI TTM payout ratio rank versus sector peers?

BTI TTM payout ratio is higher than 71.48% of companies in Consumer Defensive sector

When is BTI next earnings release?

The next earnings release for BTI is on February 10, 2027

When is BTI next earnings release?

The next earnings release for BTI is on February 10, 2027

BTI Payout Ratio History & Chart Since 1991

Annual Payout Ratio

68.22%97.85%-58.92%

December 31, 2025

Summary

Current Value: As of today, BTI annual payout ratio is 68.22%, down -58.92% on December 31, 2025
Historical Performance: BTI annual payout ratio is down -5.66% over the past 3 years, down -5.63% over the past 5 years
All-Time High Comparison: BTI annual payout ratio is currently -58.92% below its historical high of 166.07% set on December 31, 2024
3-Year Low Comparison: BTI annual payout ratio is +292.11% above its 3-year low of -35.51% reached on December 31, 2023
Sector Comparison: BTI annual payout ratio is higher than 86.67% of companies in Consumer Defensive sector

Payout Ratio Chart

Performance

BTI Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Dec 31, 25	68.22%	-58.9%	-5.7%	-5.6%	+2.3%
Quarterly Payout Ratio	Jun 30, 25	-	–	–	–	–
TTM Payout Ratio	Jul 31, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Price	Jul 31, 26	$60.65	+13.0%	+80.1%	+62.0%	+32.7%
Annual Dividend Yield	Jul 31, 26	5.23%	-5.8%	-33.3%	-28.4%	+50.3%
Annual Dividends Paid	Dec 31, 25	$6.90B	+3.6%	+14.0%	+13.4%	+113.6%
Annual Dividend	Dec 31, 25	$3.17	+6.4%	+20.1%	+15.8%	+99.5%
Annual Free Cash Flow	Dec 31, 25	$5.55B	-45.7%	-45.4%	-41.1%	+6.1%
Annual Revenue	Dec 31, 25	$33.79B	+2.1%	-0.9%	+2.3%	+47.0%
Annual EPS	Dec 31, 25	$4.60	+164.8%	+28.0%	+28.7%	+106.4%

Payout Ratio Highs

BTI Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	166.07%	Dec 31, 24	-58.9%
5Y	166.07%	Dec 31, 24	-58.9%
All	166.07%	Dec 31, 24	-58.9%

Payout Ratio Lows

BTI Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	-35.51%	Dec 31, 23	+292.1%
5Y	-35.51%	Dec 31, 23	+292.1%
All	-35.51%	Dec 31, 23	+292.1%

Payout Ratio History

Year	Value	Change
2025	68.22%	-58.9%
2024	166.07%	+567.7%
2023	-35.51%	-149.1%
2022	72.31%	+2.7%
2021	70.44%	-2.6%
2020	72.29%	-8.0%
2019	78.61%	+12.3%
2018	70.00%	+660.9%
2017	9.20%	-84.7%
2016	60.14%	-1.8%
2015	61.26%	-23.4%
2014	79.93%	+28.5%
2013	62.18%	-0.1%
2012	62.27%	-10.9%
2011	69.87%	+4.8%
2010	66.66%	+9.6%
2009	60.83%	+16.1%
2008	52.39%	+0.0%

Year	Value	Change
2007	52.38%	+6.4%
2006	49.22%	+2.4%
2005	48.05%	+66.0%
2004	28.95%	-72.0%
2003	103.55%	+79.5%
2002	57.68%	+0.9%
2001	57.17%	-24.3%
2000	75.57%	-2.3%
1999	77.36%	-48.8%
1998	150.98%	+25.2%
1997	120.59%	+53.3%
1996	78.67%	+72.6%
1995	45.59%	+27.7%
1994	35.71%	+63.1%
1993	21.89%	-60.1%
1992	54.89%	-41.9%
1991	94.41%	-

FAQ

What is the current annual payout ratio of BTI?: As of today, BTI annual payout ratio is 68.22%
What is 1-year change in BTI annual payout ratio?: BTI annual payout ratio is down -58.92% year-over-year
What is 3-year change in BTI annual payout ratio?: BTI annual payout ratio is down -5.66% over the past 3 years
How far is BTI annual payout ratio from its all-time high?: BTI annual payout ratio is currently -58.92% below its historical high of 166.07% set on December 31, 2024
How does BTI annual payout ratio rank versus sector peers?: BTI annual payout ratio is higher than 86.67% of companies in Consumer Defensive sector
When is BTI next annual earnings release?: The next annual earnings release for BTI is on February 10, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

TTM Payout Ratio

0.00%0.00%0.00%

July 31, 2026

Summary

Current Value: As of today, BTI TTM payout ratio is 0.00%, unchanged on July 31, 2026
Historical Performance: BTI TTM payout ratio has remained unchanged year-over-year, unchanged over the past 3 years
All-Time High Comparison: BTI TTM payout ratio is currently -100.00% below its historical high of 767.00% set on March 31, 2000
Sector Comparison: BTI TTM payout ratio is higher than 71.48% of companies in Consumer Defensive sector

Performance

BTI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Jul 31, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Payout Ratio	Jun 30, 25	-	–	–	–	–
Annual Payout Ratio	Dec 31, 25	68.22%	–	-58.9%	-5.7%	-5.6%
Price	Jul 31, 26	$60.65	+3.1%	+13.0%	+80.1%	+62.0%
TTM Dividend Yield	Jul 31, 26	5.35%	-1.8%	-7.1%	-34.8%	-30.9%
TTM Dividends Paid	Jun 30, 25	-	–	–	–	–
TTM Dividend	Jul 31, 26	$3.24	+1.2%	+4.8%	+17.4%	+11.8%
TTM Free Cash Flow	Jun 30, 25	-	–	–	–	–
TTM Revenue	Jun 30, 25	-	–	–	–	–
TTM EPS	Jun 30, 25	-	–	–	–	–

TTM Payout Ratio Highs

BTI TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	0.00%	Jul 31, 25	N/A
3Y	0.00%	Jul 31, 23	N/A
5Y	0.00%	Jul 30, 21	N/A
All	767.00%	Mar 31, 00	-100.0%

TTM Payout Ratio Lows

BTI TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	0.00%	Jul 31, 25	N/A
3Y	0.00%	Jul 31, 23	N/A
5Y	0.00%	Jul 30, 21	N/A
All	0.00%	Apr 14, 80	N/A

TTM Payout Ratio History

Month	Value	Change
Jul 2026	0.00%	0.0%
Dec 2025	0.00%	0.0%
Dec 2024	0.00%	0.0%
Dec 2023	0.00%	0.0%
Dec 2022	0.00%	0.0%
Dec 2021	0.00%	0.0%
Dec 2020	0.00%	0.0%
Dec 2019	0.00%	0.0%
Dec 2018	0.00%	0.0%
Dec 2017	0.00%	0.0%
Dec 2016	0.00%	0.0%
Dec 2015	0.00%	0.0%
Dec 2014	0.00%	0.0%
Dec 2013	0.00%	0.0%
Dec 2012	0.00%	0.0%
Dec 2011	0.00%	0.0%
Dec 2010	0.00%	0.0%
Dec 2009	0.00%	-100.0%
Dec 2008	58.15%	+1.0%
Sep 2008	57.55%	+0.6%
Jun 2008	57.18%	+1.6%
Dec 2007	56.27%	-2.0%
Sep 2007	57.39%	-2.5%
Jun 2007	58.85%	+10.0%
Dec 2006	53.52%	-5.4%
Sep 2006	56.55%	+2.5%
Jun 2006	55.19%	+3.8%

Month	Value	Change
Dec 2005	53.16%	-3.8%
Sep 2005	55.26%	+85.7%
Jun 2005	29.75%	+0.4%
Dec 2004	29.62%	-9.0%
Sep 2004	32.55%	-59.3%
Jun 2004	80.06%	-43.7%
Dec 2003	142.09%	+35.1%
Sep 2003	105.21%	+6.2%
Jun 2003	99.04%	+38.1%
Dec 2002	71.70%	-4.5%
Sep 2002	75.06%	-0.4%
Jun 2002	75.34%	+0.5%
Dec 2001	74.97%	-13.9%
Sep 2001	87.11%	-1.4%
Jun 2001	88.35%	-11.2%
Dec 2000	99.51%	-18.3%
Sep 2000	121.79%	-33.8%
Jun 2000	184.11%	>+9,900.0%
Dec 1999	0.00%	0.0%
Dec 1998	0.00%	0.0%
Dec 1997	0.00%	0.0%
Dec 1996	0.00%	0.0%
Dec 1995	0.00%	0.0%
Dec 1994	0.00%	0.0%
Dec 1993	0.00%	0.0%
Dec 1992	0.00%	0.0%
Dec 1991	0.00%	-

FAQ

What is the current TTM payout ratio of BTI?: As of today, BTI TTM payout ratio is 0.00%
What is BTI TTM payout ratio most recent change?: BTI TTM payout ratio remained unchanged on July 31, 2026
What is 1-year change in BTI TTM payout ratio?: BTI TTM payout ratio has remained unchanged year-over-year
How far is BTI TTM payout ratio from its all-time high?: BTI TTM payout ratio is currently -100.00% below its historical high of 767.00% set on March 31, 2000
How does BTI TTM payout ratio rank versus sector peers?: BTI TTM payout ratio is higher than 71.48% of companies in Consumer Defensive sector
When is BTI next earnings release?: The next earnings release for BTI is on February 10, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Quarterly Payout Ratio

N/A

June 30, 2025

Performance

BTI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Jun 30, 25	-	–	–	–	–
Annual Payout Ratio	Dec 31, 25	68.22%	–	-58.9%	-5.7%	-5.6%
TTM Payout Ratio	Jul 31, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Price	Jul 31, 26	$60.65	+3.1%	+13.0%	+80.1%	+62.0%
TTM Dividend Yield	Jul 31, 26	5.35%	-1.8%	-7.1%	-34.8%	-30.9%
Quarterly Dividends Paid	Jun 30, 25	-	–	–	–	–
TTM Dividend	Jul 31, 26	$3.24	+1.2%	+4.8%	+17.4%	+11.8%
Quarterly Free Cash Flow	Jun 30, 25	-	–	–	–	–
Quarterly Revenue	Jun 30, 25	-	–	–	–	–
Quarterly EPS	Jun 30, 25	-	–	–	–	–

Quarterly Payout Ratio Highs

BTI Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	N/A	N/A	N/A
3Y	N/A	N/A	N/A
5Y	N/A	N/A	N/A
All	585.22%	Jun 30, 03	N/A

Quarterly Payout Ratio Lows

BTI Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	N/A	N/A	N/A
3Y	N/A	N/A	N/A
5Y	N/A	N/A	N/A
All	34.53%	Sep 30, 04	N/A

Quarterly Payout Ratio History

Month	Value	Change
Dec 2008	272.32%	+91.7%
Sep 2008	142.06%	+4.3%
Jun 2008	136.15%	-44.2%
Dec 2007	243.83%	+92.8%
Sep 2007	126.48%	-2.9%
Jun 2007	130.32%	-35.2%
Dec 2006	201.04%	+30.1%
Sep 2006	154.54%	+17.7%
Jun 2006	131.34%	-41.6%
Dec 2005	225.06%	+47.3%
Sep 2005	152.78%	+16.5%
Jun 2005	131.09%	-49.0%

Month	Value	Change
Dec 2004	257.29%	+645.1%
Sep 2004	34.53%	-78.7%
Jun 2004	162.37%	-6.4%
Sep 2003	173.42%	-70.4%
Jun 2003	585.22%	+382.7%
Sep 2002	121.23%	-15.6%
Jun 2002	143.58%	+14.7%
Sep 2001	125.15%	-25.2%
Jun 2001	167.32%	+10.6%
Sep 2000	151.29%	+5.6%
Jun 2000	143.33%	-

FAQ

When is BTI next earnings release?: The next earnings release for BTI is on February 10, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

BTI Official Website www.bat.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1303523/000130352325000034/0001303523-25-000034-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1303523/000130352326000017/0001303523-26-000017-index.htm
BTI Profile on Yahoo Finance finance.yahoo.com/quote/BTI
BTI Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bti