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In a report last Thursday, Khoo wrote that BATs prospective dividend yields of 5.4% to 5.5% are unappealing as he continued to see downside risks to earnings on frequent duty hikes in the tobacco segment and dampened margins from further down trading by consumers
But that gave him a challenged outlook on things, and I think he took the blues up as his personal crusade. All the latest guitar news, interviews, lessons, reviews, deals and more, direct to your inbox
While the tremendous decline in smoking since the 1964 Surgeon Generals report is worthy of celebration, the actual number of smokers has declined only from 53 million to 45 million
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