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The company was acquired by American Tobacco Company in 1898, who manufactured Chesterfields until 1911. In 1912, the brand was taken over by Liggett & Myers and production moved to Durham, North Carolina. [1] The brand was acquired by Philip Morris (now Altria) in 1999.
Altria (NYSE: MO) has a huge 7.1% dividend yield. British American Tobacco (NYSE: BTI) has an even higher yield of roughly 8%. Those lofty yields are the primary reason why investors are likely to ...
Benson & Hedges is a British brand of cigarettes owned by American conglomerate Altria.Cigarettes under the Benson & Hedges name are manufactured worldwide by different companies such as Rothmans, Benson & Hedges, Philip Morris USA, [1] British American Tobacco, [2] or Japan Tobacco, [3] depending on the region.
Additionally, British American Tobacco is cheap at a price-to-earnings ratio of just 8, and the company is highly profitable at an adjusted operating margin of 45.1% in the first half of the year.
Which tobacco stock is the smarter play? Find out here.
The global cigarette: Origins and evolution of British American Tobacco, 1880-1945 (Oxford University Press, 2000). Cox, Reavis (1933). Competition in the American Tobacco Industry, 1911-1932: A Study of the Effects of the Partition of the American Tobacco Company by the United States Supreme Court. New York: Columbia University Press. Hannah ...
Altria's biggest business is selling high-end cigarettes under the iconic Marlboro brand. After spinning off its foreign operations into Philip Morris International (NYSE: PM), Altria only ...
Gallaher Group, referred as Gallaher's Tobacco, or simply Gallaher's, was a United Kingdom-based multinational tobacco company which traded on the London Stock Exchange and was a constituent of the FTSE 100 Index, prior to its acquisition by American Tobacco in 1974.