IMB.L - Imperial Brands PLC

LSE - LSE Delayed price. Currency in GBp
2,045.50
+12.00 (+0.59%)
At close: 4:36PM GMT
Stock chart is not supported by your current browser
Previous close2,033.50
Open2,036.00
Bid2,052.50 x 0
Ask2,053.00 x 0
Day's range2,026.00 - 2,072.00
52-week range1,439.09 - 2,713.50
Volume2,404,755
Avg. volume3,170,694
Market cap19.359B
Beta (5Y monthly)0.27
PE ratio (TTM)19.33
EPS (TTM)105.80
Earnings date05 Nov 2019
Forward dividend & yield2.88 (14.16%)
Ex-dividend date20 Feb 2020
1y target est3,018.82
  • Imperial Brands (LON:IMB): share price weakness ahead?
    Stockopedia

    Imperial Brands (LON:IMB): share price weakness ahead?

    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;

  • I’d invest £1k in these 2 high-yielding FTSE 100 stocks today
    Fool.co.uk

    I’d invest £1k in these 2 high-yielding FTSE 100 stocks today

    I think these two FTSE 100 (INDEXFTSE:UKX) shares could deliver impressive income returns.

  • 3 FTSE 100 dividend stocks I’d buy for my ISA today
    Fool.co.uk

    3 FTSE 100 dividend stocks I’d buy for my ISA today

    These FTSE 100 (INDEXFTSE: UKX) dividend stocks are all very reliable dividend payers.

  • Why I think this FTSE 100 stock with an 11% dividend yield should be on your watch list
    Fool.co.uk

    Why I think this FTSE 100 stock with an 11% dividend yield should be on your watch list

    The FTSE 100 has a number of good dividend stocks. But at the top of the list is the tobacco maker, Imperial Brands (LSE: IMB).

  • Two 6%+ FTSE 100 dividend yields I’d buy for my ISA and never sell
    Fool.co.uk

    Two 6%+ FTSE 100 dividend yields I’d buy for my ISA and never sell

    Rupert Hargreaves highlights two high-yielding FTSE 100 income champions he'd buy and hold forever.

  • Is Imperial Brands PLC (LON:IMB) Excessively Paying Its CEO?
    Simply Wall St.

    Is Imperial Brands PLC (LON:IMB) Excessively Paying Its CEO?

    Alison Cooper became the CEO of Imperial Brands PLC (LON:IMB) in 2010. This report will, first, examine the CEO...

  • My top 3 FTSE 100 dividend shares for 2020
    Fool.co.uk

    My top 3 FTSE 100 dividend shares for 2020

    The FTSE 100 (INDEXFTSE: UKX) has so many top dividend stocks, it's hard to decide on the best buys for the coming year.

  • Big Tobacco Is Living on a Vape and a Prayer
    Bloomberg

    Big Tobacco Is Living on a Vape and a Prayer

    (Bloomberg Opinion) -- The next big thing for big tobacco has turned into a bit of a nightmare. Vaping took off as a potentially healthier alternative to smoking for adults looking to kick the habit. But then it caught on with a whole new generation, sparking a teen epidemic in the U.S and fears that they could graduate to smoking traditional cigarettes. Matters worsened with a spate of illnesses among some users of electronic cigarettes, raising questions about the safety of vaping for young and old.In the U.K., the fallout from declining sales of tobacco alternatives across the Atlantic has hit British American Tobacco Plc and Imperial Brands Plc hard. Now as new management teams at both companies try to figure out what’s the best strategy back to growth, their fortunes will be driven more by regulations in the U.S. than their business closer to home. But this doesn’t have to be bad news. Heightened scrutiny in the U.S. can dispel concerns about safety, and eventually pave the way for companies to expand their vaping technology to devices that deliver cannabis, vitamins and medicines. Vaping first came under scrutiny for its appeal to teenagers. Altria Group Inc.-backed Juul Labs Inc., has been besieged by lawsuits accusing it of using sweet fruit and candy flavors to overtly target under-aged users. The situation escalated over the summer, after a spate of illnesses and deaths related to electronic-cigarette use. ECigIntelligence, a data provider, now forecasts a 13% decline in the U.S. vaping market in 2020. Previously it had forecast an increase of more than 10%.As the world’s biggest vaping market, accounting for about 45% of global sales in 2019, it’s little wonder the U.S. slowdown is hurting. Imperial, which sells Winston cigarettes in the U.S., warned on profit in September, and parted company with its chief executive officer, Alison Cooper, a week later. BAT, maker of Dunhill and Lucky Strike cigarettes, recently said sales growth from its new generation products would be at the lower end of its forecast range of 30%-50%. A few months earlier, it had guided to the midpoint.With the scrutiny of vaping, having a broad-based portfolio of tobacco alternatives is crucial. Here BAT is well placed, having invested $4 billion over the past five years. Seven months since becoming CEO, Jack Bowles has reorganized its alternatives into three global brands: Glo for heated tobacco, Vuse for vaping and Velo for oral nicotine products. That shows commitment and urgency. It’s still not clear which category, if any, will be the winner, so having options on each is wise.Vaping probably has the most long-term potential. In the meantime, heat not burn options may come to prominence, especially as they haven’t been drawn into the controversy. They’re already popular in Japan, but with Philip Morris International Inc. now selling its IQOS device in the U.S. too, BAT may need to spend more in this area.The $49 billion purchase of the shares it did not already own in Reynolds American Inc. in 2017 stretched BAT’s balance sheet, pushing net debt to more than 6 times Ebitda. But leverage has come down to around 3.5 times, according to an estimate by Bloomberg Intelligence analyst Duncan Fox. That’s still high, but it gives Bowles more scope to invest and pay the dividend.Rival Imperial has made a big bet on vaping with its Blu brand, while it also has a strong position in oral tobacco. But it was late into heat not burn, only launching Pulze in Japan in May. Whoever succeeds Cooper as CEO will need to decide whether to expand in this category, or double down on vaping.  Either way, it will mean more investment. For that, the new CEO can draw on the cash generated by the traditional cigarette business, an up to 2 billion-pound asset disposal program and a new dividend policy. The company will return any additional cash to shareholders through buy-backs. It should divert at least some of this into tobacco alternatives instead.Both companies should take care not to create a teen vaping craze at home. After complaints from the Campaign for Tobacco-Free Kids and other organizations, the U.K.’s advertising regulator this month banned BAT from using public Instagram accounts to promote smoking alternatives like e-cigarettes. However, it didn’t find that the company had designed ads specifically to target youth.At least investment decisions could be made against a calmer market backdrop in the U.S. There’s a growing consensus that the vaping-related illnesses and deaths involved vaping oils carrying the psychoactive ingredient in cannabis, tetrahydrocannabinol or THC. The U.S. Food and Drug Administration has warned against using black-market products.In 2020, new U.S. regulations will require companies to submit applications by May to keep their e-cigarettes on the market. Big tobacco has the resources to go through this complicated and expensive process. Smaller producers may not. Over about the next 12 months, this regime could reduce some of the competitive pressures on big tobacco. But in both tobacco and newer alternatives, it’s not going to be plain sailing. Numerous U.S. states have outlawed some kinds of e-cigarettes, and although a federal ban on vape flavors aside from tobacco now looks less likely after backtracking by President Donald Trump, it can’t be ruled out. Meanwhile, at some point, U.S. regulators may return their attention to efforts to reduce the amount of nicotine  and ban menthol flavors in traditional cigarettes, bringing more pain to what remains tobacco companies’ biggest and most profitable segment by far. (Michael Bloomberg, founder and majority owner of Bloomberg News parent Bloomberg LP, has campaigned for and given money in support of a nationwide ban in the U.S. on flavored e-cigarettes and tobacco.)Pressure there, and everywhere, could bring more industry hook ups. Philip Morris International and Altria in September ended their brief merger flirtation. Such talks could always come back onto the agenda again or the two may look abroad. Imperial has long been seen as a takeover target, with Japan Tobacco Inc. considered the most likely buyer. A new Imperial CEO may walk in the door only to find that there is a predator hard on the company’s heels.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis 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.

  • I’d invest my first £500 in this high dividend yielding FTSE 100  today
    Fool.co.uk

    I’d invest my first £500 in this high dividend yielding FTSE 100 today

    I’m not just talking about the dividends here.

  • BP isn’t the only monster dividend stock in the FTSE 100 I’d buy before Christmas
    Fool.co.uk

    BP isn’t the only monster dividend stock in the FTSE 100 I’d buy before Christmas

    Roland Head has been hunting for high-yield bargains in the FTSE 100 (INDEXFTSE: UKX).

  • A 12%-yielding FTSE 100 dividend stock I’d buy for 2020
    Fool.co.uk

    A 12%-yielding FTSE 100 dividend stock I’d buy for 2020

    Finding high-yielding dividend stocks with future growth potential is no mean feat, but I think this one fits the bill.

  • This FTSE 100 stock was one of my worst tips in 2019
    Fool.co.uk

    This FTSE 100 stock was one of my worst tips in 2019

    This FTSE 100 (INDEXFTSE: UKX) stock had a terrible year and so did some smaller names.

  • Imperial Brands trades near 52-week lows – is it a buy?
    Fool.co.uk

    Imperial Brands trades near 52-week lows – is it a buy?

    Imperial Brands is trading at a 52-week low, offering investors the chance to pick up a proven income stock at a bargain basement price.

  • Why I’m buying more of this 12%-yielding FTSE 100 dividend stock for 2020
    Fool.co.uk

    Why I’m buying more of this 12%-yielding FTSE 100 dividend stock for 2020

    This FTSE 100 income champion is deeply undervalued and could produce attractive returns for investors in 2020, argues this Fool.

  • Top UK shares for 2020
    Fool.co.uk

    Top UK shares for 2020

    Fool.co.uk's writers reveal their top shares for the year!

  • 2 dirt-cheap FTSE 100 dividend stocks I’d buy in an ISA today for 2020
    Fool.co.uk

    2 dirt-cheap FTSE 100 dividend stocks I’d buy in an ISA today for 2020

    I think these two FTSE 100 (INDEXFTSE:UKX) shares could offer long-term growth potential.

  • Should we be worried about Imperial Brands' Quality Rank?
    Stockopedia

    Should we be worried about Imperial Brands' Quality Rank?

    Good quality companies can offer a lot of comfort to investors. They tend to be strong, stable, profitable firms that deliver predictable returns, have pricing8230;

  • FTSE 100 watch! Should you buy this 12% dividend yield for your ISA for 2020?
    Fool.co.uk

    FTSE 100 watch! Should you buy this 12% dividend yield for your ISA for 2020?

    This FTSE 100 dividend stock offers up some awesome dividend yields. But is it too good to be true?

  • Some Imperial Brands (LON:IMB) Shareholders Are Down 49%
    Simply Wall St.

    Some Imperial Brands (LON:IMB) Shareholders Are Down 49%

    As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock...

  • Imperial Brands shares have fallen 45% in two years. Here’s what I’d do now
    Fool.co.uk

    Imperial Brands shares have fallen 45% in two years. Here’s what I’d do now

    Imperial Brands plc (LON: IMB) shares have the potential to rebound, believes Edward Sheldon.

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