|Bid||1,728.20 x 0|
|Ask||1,728.80 x 0|
|Day's range||1,714.20 - 1,779.80|
|52-week range||1,670.00 - 2,713.50|
|Beta (3Y monthly)||0.25|
|PE ratio (TTM)||16.37|
|Earnings date||5 Nov 2019|
|Forward dividend & yield||2.07 (11.75%)|
|1y target est||3,018.82|
I think these two FTSE 100 (INDEXFTSE:UKX) income stocks could offer less risk and higher returns than buy-to-let property.
Robust cash flows and a 12% dividend yield make this FTSE 100 income star a top buy for yield hunters, says Rupert Hargreaves.
Picking the wrong FTSE 100 dividend share will punish your portfolio. I'd pass on an illusory 11.5% yield for bigger long-term profits elsewhere.
Harvey Jones says results at Imperial Brands Group plc (LON: IMB) may be disappointing, but today's bargain price and double-digit yield can't be ignored.
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Imperial Brands Plc picked former investment banker Therese Esperdy to replace its chairman as the U.K. cigarette maker struggles to keep up in the fast-changing tobacco industry.Esperdy, who retired from JPMorgan in 2015, will replace Mark Williamson in January and guide the search for a new chief executive officer. The new team will have to catch up with bigger rivals in next-generation products, navigate regulatory turmoil for e-cigarettes and gain back investors’ trust.Imperial also said Tuesday it aims to announce the sale of its premium cigar business soon as it seeks to raise cash to pay down debt. The stock swung between gains and declines in morning trading after the company forecast weak growth this fiscal year.Imperial, the smallest of the major tobacco companies, has had a hard time keeping up with rivals such as Philip Morris International Inc. as smokers increasingly switch to e-cigarettes and devices that heat tobacco without combustion. A health scare in the U.S. and competition from upstart Juul Labs Inc. have muddled what used to be a stable market for nicotine products.Halfwheel, a cigar industry blog, said Monday that Imperial plans to sell the premium cigar business unit to Huabao, a Chinese company with investments in tobacco. The price would probably be less than the $2 billion high-end estimate, the site said, citing people close to the talks it didn’t identify. A spokesman for Imperial declined to comment.The sale process is at an advanced stage, CEO Alison Cooper said. Imperial didn’t comment on Huabao.Imperial took a 525 million-pound ($677 million) impairment for the cigar business, which distributes Cuban brands like Romeo & Julieta through a joint venture. The company said other attempts to sell tobacco assets didn’t attract appropriate prices.Revenue and earnings per share will rise by a low single-digit percentage in the 12 months through September 2020, the company forecast Tuesday. Imperial normally targets growth of 1% to 4% in revenue and 4% to 8% in earnings per share, based on constant currencies.Imperial said growth will be weighted to the second half this year as the company seeks to revive sales of its next-generation products. Revenue from smoking alternatives rose 48% in the year through September, below the company’s expectations.The stock has lost more than half of its value in about three years. Last month the company announced its plans to replace Cooper. Imperial will announce a new CEO faster than it took to find a new chairman, Williamson said. That process took nine months as many potential candidates didn’t want to work for a tobacco company, he said.Esperdy’s appointment is great news for Imperial, said Nico von Stackelberg, an analyst at Liberum who highlighted the company’s 12% dividend yield. “A lot hinges on the incoming chair and CEO and their plan.”(Updates with executive comments in third, penultimate paragraphs.)To contact the reporter on this story: Corinne Gretler in Zurich at firstname.lastname@example.orgTo contact the editors responsible for this story: Eric Pfanner at email@example.com, Thomas MulierFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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Imperial Brands on Tuesday issued a "cautious" forecast for the year and named a new chairman as the tobacco producer grapples with challenges in e-cigarette products and vaping. The maker of Winston and Gauloises cigarettes reported full-year revenue from tobacco and next-generation products - e-cigarettes and vapour-based devices - of 7.99 billion pounds ($10.29 billion), up 3.9% on a constant-currency basis. "2019 has been a challenging year with results below our expectations due to tough trading in Next Generation Products," outgoing CEO Alison Cooper said in a statement.
Imperial Brands on Tuesday issued a "cautious" forecast for the year and named a new chairman as the tobacco producer grapples with challenges in e-cigarette products and vaping. The British company said it plans to launch new e-cigarette products and refresh its main e-cigarette brand blu this year with its performance in e-cigarettes and tobacco heating products expected to be more heavily weighted in the second half. The maker of Winston and Gauloises cigarettes reported full-year revenue from tobacco and next-generation products - e-cigarettes and vapour-based devices - of £7.99 billion, up 3.9% on a constant-currency basis.
Here's why how cheap or expensive shares in large cap Tobacco operator Imperial Brands (LON:IMB)matters. Stacks of academic research covering different time fr8230;
These two FTSE 100 (INDEXFTSE: UKX) dividend stocks could be an excellent source of retirement income due to their high yields, says Edward Sheldon.
Looking for big dividends? Royston Wild considers the outlook for this FTSE 100 income share in the run-up to fresh financials next month.
These FTSE 100 shares are mega-cheap AND offer some market-beating dividend yields. But should they be bought or avoided today?
Momentum is sticky and persists for longer than investors tend to anticipate. The downside of this is that stocks with recent negative momentum are likely to c8230;
(Bloomberg Opinion) -- Imperial Brands Plc’s Alison Cooper is stepping down in a cloud of raspberry scented smoke.The timing isn’t surprising. It comes exactly a week after the British-based maker of Davidoff cigarettes and the Blu electronic device, lowered expectations for sales and profits after taking a hit in the U.S. vaping market. The warning brought to a head discussions about the company’s future leadership as the board conducts its search for a successor to Chairman Mark Williamson.Change is clearly needed. The shares of the smallest of the world’s major tobacco companies are roughly back where they were at the start of Cooper’s 9-year watch, having lost more than half of their value since a 2016 peak.Her successor faces a tall order. The new CEO will have to figure out how to make Imperial a strong force in tobacco alternatives. It currently ranks fourth in electronic smoking devices by units sold on a four-week basis. But in the heat-not-burn segment, its Pulze product is a relative newcomer in the Japanese market, where the products have taken hold more quickly than elsewhere. It’s important to have a clear strategy in each segment since no one really knows exactly where the market’s headed.Finding the right path forward won’t be easy, given the crisis engulfing vaping in the U.S., which has prompted efforts by President Donald Trump to ban flavored products and nicotine pads while some retailers including Walmart Inc. have stopped selling e-cigarettes.They must find a way through this. One option would be developing a boarder suite of tobacco alternatives alongside Imperial’s Blu vaping device. Stepping up development in heat-not-burn segment would also be wise.Rival British American Tobacco Plc has hedged its bets, with a presence in both vaping and the heat-not-burn segment. This is a model that Imperial should follow. But this would likely mean more investment.Duncan Fox, an analyst at Bloomberg Intelligence, says Imperial can afford to spend more. First of all, it’s core business of traditional cigarettes — including local brands such as Winston in the U.S. — is cash generative. Plus, its 2 billion-pound ($2.5 billion) asset disposal program and decision to abandon its policy to increase its dividend by 10% annually should give it scope to act.The new chairman must also address corporate governance issues. Bloomberg News reported that investors and analysts had voiced concerns about Imperial’s earnings calculations and strategy.Imperial has long been seen as a takeover target, but it is now particularly vulnerable given the share price weakness and that industry consolidation is back on the agenda, even after Altria Group Inc. and Philip Morris International Inc. called off their merger talks.Japan Tobacco Inc. is often mooted as the likely predator, although it would have to find a way to deal with competition constraints.If the new chairman and chief executive don’t raise their game on alternatives, then someone else might light up even more radical change for them.To contact the author of this story: Andrea Felsted at firstname.lastname@example.orgTo contact the editor responsible for this story: Melissa Pozsgay at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Imperial Brands Plc Chief Executive Officer Alison Cooper will step down once a replacement is found, a move that comes as the cigarette maker grapples with a regulatory backlash against e-cigarettes and declining tobacco sales. The departure of Cooper, who has led the maker of Davidoff cigarettes for nine years, comes days after it issued a full-year profit warning blaming the U.S. regulatory crackdown on vaping. It also follows the impending departure of Chairman Mark Williamson, who in February announced that he would step down once a successor was found, citing new British guidelines on the length of board chair tenures.
Imperial Brands Plc Chief Executive Officer Alison Cooper will step down once a replacement is found, a move that comes as the cigarette maker grapples with a regulatory backlash against e-cigarettes and declining tobacco sales. The departure of Cooper, who has led the maker of Davidoff cigarettes for nine years, comes days after it issued a full-year profit warning blaming the U.S. regulatory crackdown on vaping. The smallest of the four major global tobacco players in the world, Imperial has been slow to react to the vaping craze in the United States, a market where it generates nearly 30% of its annual profit.
These two FTSE 100 (INDEXFTSE:UKX) stocks could offer long-term income growth in my view, thereby reducing your reliance on the State Pension.