Imperial Brands Share Discussion Threads

[spud] 10/5/2020 17:34

There are. 2 interim sized and 2 final sized. spud

[scobak] 10/5/2020 17:09

Dane - I thought there were 4 dividends per annum? has something changed?

[tomleafs] 09/5/2020 13:16

Refreshing to be invested in a company with the dividend policy set by the management rather than the government and regulators. Central planning doesn't have a particularly flattering history.

[daneswooddynamo] 09/5/2020 12:45

As said I doubt we will know this month. Bomhard doesn’t formally start until 1 July. Quite likely there will not be clarity until the finals when he will have had his feet under the desk for a few months. The interim div will probably be in line with previous guidance given it is only one third of the annual payout

[milliethedog] 09/5/2020 12:03

We will all know on the 19th....
Income fund managers will be sweating. Having lost BT, Banks, Aviva, 2/3 of Shell among others.....
Plus, i think, futures contracts expire on oil then so a day for the diary

[spud] 09/5/2020 11:33

By maintaining the generous dividend, the stock gets an instant rerating as PFMs latch onto one of the few still out there. That's what I, as the new broom would do. £25 anyone?spud

[creditcrunchies] 09/5/2020 11:21

there is the other angle, tobacco has been out of favour for 2 years yet they are the only sector left paying a dividend. How can you run an income fund if every stock inside it isn't paying a dividend? There aren't many candidates left for fund managers to get income so they'll end up with large blue chips which don't exactly fly up like growth stocks not generating any income to shareholders. That means income fund will be making losses, any client that invests in them will continue to lose their money

[milliethedog] 07/5/2020 09:43

Very possible strutt...
But i don't see no cut at all, not the way other companies are playing it; name of the game seems to be 'blame the CV'

Plus, like some others, i see a second wave of CV as countries come out of lockdown too early.
Then there's the DOW; toppy at 24,000??
Due a retrace and waiting for a reason

Only my views

M

[strutt12] 07/5/2020 09:17

strutt12 1 May '20 - 14:18 - 4844 of 4867 Edit

The next two dividends due are around 30p each so I don't see them being reduced, what i do see going forward is maybe reducing the following two 70p dividends closer to 30p that gives the new guy 6 months breathing space

[milliethedog] 07/5/2020 08:45

Yes, divi cut is so tempting for them.
Plus, you take the Government money ( Bank bailout or furlough) & Boris is on the phone telling you not to pay divi.
Not sure on IMB buy in price but RDSB sub 1000p for me

Heavilly into BT, so portfolio has a nose bleed this morning.
But intend to top up below £1 if able......

M

[daneswooddynamo] 07/5/2020 08:42

Given the one third two thirds split in the payment profile it is quite possible that you won’t find out the answer until later in the year when the final div is announced, not least due to the new chief exec only arriving in July

[bennodean] 07/5/2020 08:35

Wait to see what the div is reset to... and then buy at any price that yields 4.5% or greater. That's in the ball park of FTSE average historically.

For a company to pay anything significantly more long term is irresponsible for the security of the business.

That level also gives visibility on income growth.

[32campomar] 07/5/2020 08:24

What level will you be tempted to get in at? I'm waiting for Shell at 1000, not interested in BT but IMB could be tempting towards 1500? I suppose it's all about the dividend.

[milliethedog] 07/5/2020 08:20

32...
On the + side i guess if the company holds onto the divi cash it's not all bad perhaps.
The money is still there. It hasn't dissapeared.
It's just a shock as these are a divi share, for those who buy them as such.
But if the share price drops then that's good for a buy & med/long term hold; a chance to get a bargain.....watch & wait
All in my view

[32campomar] 07/5/2020 08:11

Yep BT another shock like Shell, and unlike Shell there seems little financial reason to do what they have done. Very clear companies are using this crisis as an excuse to reset dividends, and IMB must be now at risk

[milliethedog] 07/5/2020 08:08

So, now we have another clue as to what will happen re dividend
BT cancel. All banks cancel, AV cancel....

If this is the 'new norm' IMB share price will struggle.
Pleased i sold out
Good luck to all those who hold..........

[32campomar] 06/5/2020 16:38

All depends on the dividend. If it's held this will rocket. If it's cut, like with Shell, by 2/3, there will be no reason to hold it. Pretty simple really

[milliethedog] 06/5/2020 15:00

Sold these off @ 1729 the other week.
Shortly after RDSB cut their divi. I thought it was possible the new broom might take the oppotunity to cut, as others have, & blame the CV. So i sold both off for a reasonable profit.
Will be interesting to see where share price goes on run up to interims 2 weeks yesterday.

Have pencilled in sub 1500 for these & below 1000 on RDSB
M

[milliethedog] 06/5/2020 14:54

.....& again!

[eeza] 05/5/2020 15:52

Dying a death again pm.

[cassini] 05/5/2020 14:49

It'll have to get through the 200 day moving average first. It has bounced downwards off it every time for a couple of years now. Depending on when exactly it gets there, that'll be in the 1800p to 1900p range.

[dmore2] 04/5/2020 19:17

nxt leg up is £22

DYOR

[buywell3] 04/5/2020 18:52

Next down leg chartwise looks like 999p

Anybody posted that yet ?

dyor

[irenekent] 04/5/2020 15:37

Most things die if you fumigate them with smoke. Including humans.

[cassini] 04/5/2020 12:46

From what I've heard before, it's the nicotine that is suspected of any beneficial effect.