Should You Be Holding IMI plc (LON:IMI)?

Attractive stocks have exceptional fundamentals. In the case of IMI plc (LON:IMI), there’s is a dependable dividend-paying company that has been able to sustain great financial health over the past. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my broad commentary, read the full report on IMI here.

Established dividend payer with adequate balance sheet

IMI is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that IMI has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. IMI’s has produced operating cash levels of 0.33x total debt over the past year, which implies that IMI’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

LSE:IMI Historical Debt January 25th 19

For those seeking income streams from their portfolio, IMI is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 4.2%.

LSE:IMI Historical Dividend Yield January 25th 19

Next Steps:

For IMI, there are three pertinent factors you should further research:

1. Future Outlook: What are well-informed industry analysts predicting for IMI’s future growth? Take a look at our free research report of analyst consensus for IMI’s outlook.

2. Historical Performance: What has IMI’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of IMI? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.