British American Tobacco: A tobacco giant well prepared for the future British American Tobacco's (NYSE: BTI) $84 billion market capitalization is second only to Philip Morris International's (NYSE: PM) $159 billion market cap among tobacco stocks. With inflation still higher than average, interest rates rising, the economy somewhat uncertain (especially outside the U.S.), and the ongoing war between Russia and Ukraine, concerns about a global recession have investors worried. Here are two dependable ultra-high-yielding dividend stocks that are likely to attract investor attention in 2023 as a hedge against broader market uncertainty.