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A court-appointed mediator in Canada has proposed a C$32.5 billion settlement for Philip Morris (NYSE:PM), British American Tobacco (NYSE:BTI) and Japan Tobacco The lawsuits arose in 2015 after a Quebec court awarded damages to more than 100,000 people who claimed the companies knew their products caused cancer and other illnesses without warning consumers The allocation of the aggregate settlement amount between the companies in the proceedings is still unresolved Shares of Philip Morris are up 0.10 per cent to US$120.26 as of 11:18 am ET

Address: Globe House, London, United Kingdom, WC2R 2PG Dividend History Quantitative Ratios Dividend Yield ATTRACTIVE : British American Tobacco p.l.c's dividend yield of 5.3% exceeds the industry average for tobacco stocks listed on the NYSE

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This is because they help pollinate plants to create food and they eat other insects