British American Tobacco

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  1. #1

    Join Date
    Aug 2013
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    British American Tobacco

    Am I right in saying that one is better to buy the UK listing to not incur withholding tax on the dividend instead of the 15% on the US stock?

    Also, how come Google Finance shows the dividend on the UK listing (BATS) is 0.065pc compared to 6.77pc for the US listing?


  2. #2

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    Never looked at dual listed us/uk stocks.

    Where did you get the 15% number from?


  3. #3

    Join Date
    Mar 2010
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    No, you are mistaken.

    It does not matter where the stock trades,
    what matters is where the company is incorporated. And that is UK.

    As to the yield , always do your own math by going to the company’s website,


    Be careful, Imperial T. just cut its dividend, first reduction in 24 years, so I have read


  4. #4

    Join Date
    May 2019
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    As an aside, I've often seen it suggested that Philip Morris stock dividends are free of witholding tax as a certain percentage (80%?) of their revenues come from overseas. I don't hold it myself mind you and don't know of anyone who has so can't say for sure.