IMB.L - Imperial Brands PLC

LSE - LSE Delayed Price. Currency in GBp
2,089.00
+1.00 (+0.05%)
At close: 4:35PM BST
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Previous Close2,088.00
Open2,102.50
Bid2,001.00 x 0
Ask2,695.00 x 0
Day's Range2,069.00 - 2,125.50
52 Week Range1,821.40 - 3,009.00
Volume1,279,332
Avg. Volume3,113,060
Market Cap19.933B
Beta (3Y Monthly)1.19
PE Ratio (TTM)12.86
EPS (TTM)162.50
Earnings DateNov 5, 2019
Forward Dividend & Yield1.25 (5.99%)
Ex-Dividend Date2019-08-22
1y Target Est3,018.82
  • Imperial Brands PLC (LON:IMB) Goes Ex-Dividend In 3 Days
    Simply Wall St.

    Imperial Brands PLC (LON:IMB) Goes Ex-Dividend In 3 Days

    Imperial Brands PLC (LON:IMB) is about to trade ex-dividend in the next 3 days. You will need to purchase shares...

  • These 4 Measures Indicate That Imperial Brands (LON:IMB) Is Using Debt Reasonably Well
    Simply Wall St.

    These 4 Measures Indicate That Imperial Brands (LON:IMB) Is Using Debt Reasonably Well

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Britain, Show Us Growth, Not Cash
    Bloomberg

    Britain, Show Us Growth, Not Cash

    (Bloomberg Opinion) -- Reality is beginning to bite in the FTSE 100 as some high-yielding stocks give up on generous dividends. But many British companies are still continuing to offer jaw-dropping payouts when what investors really crave is growth.The dividend culture of the FTSE 100 has long been an oddity. Its investors have received a far higher proportion of their total returns from income over the last two decades than if they had invested in, say, the S&P 500 over the same period.With dividends a very British symbol of corporate confidence, boards are reluctant to cut them even when it might be wise to do so. So the FTSE 100 culture has been self-reinforcing.This year has brought some signs of change. Centrica Plc slashed its payout last week. Analysts had expected the utility to announce a deep cut, but not by nearly 60%. Vodafone Group Plc snipped its dividend in May. And last month, tobacco giant Imperial Brands Plc dropped a commitment to grow its payout 10% annually.Yet even now, these companies’ share prices look superficially cheap on a dividend basis, with yields (the dividend divided by the share price) of between 6% and 10%.Indeed, such ratios are nowadays pretty common in the U.K. The average dividend for the top 15 highest-yielding stocks is worth 9% of the share price. The standard explanation – that this signals dividend cuts in the coming years – doesn’t fit very well. Take analysts’ predictions for dividends in three years; even with some cuts forecast, the average yield for this group is still 9%.This is especially odd in a low-rate environment. Yields on some government bonds and high-rated corporate debt are negative or zero. Surely income investors would buy these dividend stocks if the return provided by their annual cash payouts was only 5% rather than double that level? Wouldn’t that provide sufficient compensation for the added risk?One explanation is simply that international investors just don’t care for yield anymore. Domestic U.K. income funds probably would be willing to pay more for these stocks and bid down their yields. But this group isn’t driving the market. Global investors are. They covet growth and don’t want exposure to the U.K. until there’s clarity about Brexit. The average expected increase in sales over the next two years for the top-15 yielding U.K. blue-chip stocks is under two percent. Of course, if the companies aren’t growing, it’s likely because of past under-investment caused by overly-generous dividends. But cutting dividends now to invest in growth won’t pay off for some time and would only infuriate the small pool of domestic investors who actually like the income. Meanwhile, global investors sit on the sidelines and company managers stand frozen like a deer in the headlights.To contact the author of this story: Chris Hughes at chughes89@bloomberg.netTo contact the editor responsible for this story: Stephanie Baker at stebaker@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Hughes is a Bloomberg Opinion columnist covering deals. He previously worked for Reuters Breakingviews, as well as the Financial Times and the Independent newspaper.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • This Marijuana Penny Stock Just Earned a Major Investment From Big Tobacco
    Motley Fool

    This Marijuana Penny Stock Just Earned a Major Investment From Big Tobacco

    This is one of many smoking hot deals and partnerships in the cannabis space.

  • Here's What Imperial Brands PLC's (LON:IMB) P/E Ratio Is Telling Us
    Simply Wall St.

    Here's What Imperial Brands PLC's (LON:IMB) P/E Ratio Is Telling Us

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use...

  • Weekly Cannabis Stock News: Auxly's Surprise Strategic Partner Investment
    Motley Fool

    Weekly Cannabis Stock News: Auxly's Surprise Strategic Partner Investment

    A traditional tobacco company takes a stake in Auxly, while heads roll at CannTrust Holdings.

  • Imperial Brands to Invest $123 Million in Auxly Cannabis Group
    Motley Fool

    Imperial Brands to Invest $123 Million in Auxly Cannabis Group

    The companies will work together to create cannabis-containing vaping products.

  • Benzinga

    Auxly Cannabis Group Receives $123M Investment From Imperial Brands

    Auxly Cannabis Group Inc. (TSX.V: XLY)(OTC: CBWTF) announced Thursday it will receive $123 million investment by way of a convertible debenture from tobacco giant Imperial Brands PLC (OTC: IMBBY). Imperial Brands will provide Auxly with a global Imperial Brands’ vaping technology and access to its vapor innovation business, Nerudia. It has a three-year term with a fixed interest rate of 4% annually.

  • This little-known tobacco stock is a big winner from e-cigarette bans
    MarketWatch

    This little-known tobacco stock is a big winner from e-cigarette bans

    OUTSIDE THE BOX In late June, San Francisco banned e-cigarette sales completely. That means no bricks-and-mortar sales. And no e-cigarette deliveries for online purchases. Many cities already restrict vaping and e-cigarette sales.

  • Is Imperial Brands PLC (LON:IMB) A Smart Pick For Income Investors?
    Simply Wall St.

    Is Imperial Brands PLC (LON:IMB) A Smart Pick For Income Investors?

    Is Imperial Brands PLC (LON:IMB) a good dividend stock? How can we tell? Dividend paying companies with growing...

  • Morningstar

    Consumer Defensive: Few Values in this Pricey Sector

    The Morningstar U.S. Consumer Defensive Index gained 5% quarter to date through June 21, in line with the 3% uptick in the broader market (Exhibit 1). Sector performance has strengthened over the last three months - source: Morningstar Analysts As a whole, the sector isn't terribly attractive valuation-wise.

  • Benzinga

    These Were The Most Actively Traded Securities On The OTC Markets In May

    Swiss pharmaceutical giant Roche Pharmaceuticals became the first security on OTC Markets to reach $4 billion in dollar trading volume in 2019, according to OTC Markets data.  Dollar volume in the Swiss ...

  • Imperial Brands PLC (LON:IMB): What Does The Future Look Like?
    Simply Wall St.

    Imperial Brands PLC (LON:IMB): What Does The Future Look Like?

    Based on Imperial Brands PLC's (LON:IMB) earnings update in March 2019, the consensus outlook from analysts appear...

  • Reuters

    Imperial Brands says U.S. cigarette volume down 6.4%

    The Nielsen report had pushed down shares of Imperial Brands, British American Tobacco and Altria between 1% and 3% on Tuesday. Imperial Brands said late on Wednesday that its figures were based on data from MSAi, which compiles data from over 300,000 stores, representing at least 95% of U.S. tobacco volumes. The company also said it expects U.S. industry volumes to fall between 4.5% and 5% in 2019, close to larger rival Altria's forecast of a 4%-5% drop.

  • FTSE 100 chokes as tobacco firms fall on sales report, drugmakers dip
    Reuters

    FTSE 100 chokes as tobacco firms fall on sales report, drugmakers dip

    The FTSE 100 was 0.1% lower, while the mid-cap FTSE 250 rose 0.4%. British American Tobacco and Imperial Brands were among the biggest drags on the main index after data from Nielsen showed cigarette industry volumes deteriorated in the four weeks to May 18. The session's trading came against the backdrop of continued uncertainty over China's trade dispute with the United States, after U.S. President Donald Trump said Washington was not ready to make a deal with Beijing but that he expected one in the future.

  • Reuters

    Turmoil over future of PM May, Brexit bruises British stocks

    As the pound fell, the FTSE 250 lost 1.4% to hit its lowest point since March 29, when Britain was originally scheduled to exit the European Union. Dublin's main index, often regarded as a barometer of Brexit jitters, was also down nearly 1.4%. The turmoil was compounded when prominent Brexit supporter and Leader of the House of Commons, Andrea Leadsom, resigned from the government.

  • Lloyds Bank to pay quarterly dividends
    Reuters

    Lloyds Bank to pay quarterly dividends

    Britain's biggest domestic lender Lloyds Banking Group said on Thursday it would pay dividends quarterly from the first quarter of 2020, in a move aimed at distributing income to its 2.4 million shareholders more regularly and efficiently. The new approach will see the lender adopt three equal interim ordinary dividend payments for first three quarters of year followed by, subject to performance, a larger final dividend in the fourth quarter, the bank said in a statement. Lloyds is one of Britain's biggest dividend payers and distributed around 4 billion pounds to investors in 2018.