Zyn Shortage: 1 Ultra-High-Yield Dividend Stock That Should Benefit

There have been news reports in recent weeks about a Zyn shortage across the United States. Phillip Morris International has been unable to keep up with demand for the popular nicotine pouches as consumers increasingly look for alternatives to smoking cigarettes. The Zyn brand holds a dominant position in the nascent nicotine pouch category, with an estimated 75% volume share in the United States.

Now, with many customers unable to get their nicotine fixes from Zyn, some may switch to other nicotine pouch brands. British American Tobacco (NYSE: BTI) -- and its high-yielding stock -- should benefit.

Cigarette giant British American Tobacco owns the Camel and Newport brands (among others), and the vast majority of its profits still come from these legacy operations. However, it is increasingly investing in new nicotine products for consumers.

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Source Fool.com