British American Tobacco declares May 2025 dividend for BTI shareholders

British American Tobacco (BTI) will pay a dividend of 1423.90849 SA cents per ordinary share on May 7, 2025, to shareholders registered on either the UK main register or the South Africa branch register as of March 28, 2025. South African Dividends Tax, at a rate of 20% (284.78170 SA cents), will be withheld unless an exemption applies, resulting in a net dividend of 1139.12679 cents per share. The dividend, declared as part of a quarterly installment of 60.06p per ordinary share (240.24p annually), is considered a 'foreign dividend' for South African tax purposes. As of March 13, 2025, BTI had 2,203,742,786 ordinary shares in issue, excluding 133,255,156 treasury shares. The Sterling/Rand exchange rate used for calculation is £:R=23.7081.