Imperial Brands Share Discussion Threads

[fenners66] 15/11/2022 07:26

Dividends

"If approved, the total dividend paid in respect of 2022 will be GBP1,338 million (2021: GBP1,314 million). The dividend paid during 2022 is GBP1,320 million (2021: GBP1,305 million)."

So the best part of sweet FA increase.
Dividends are the "shareholder return" that really matters

not this BS

"This has enabled us to enhance shareholder returns through an ongoing share buyback programme alongside a progressive dividend."

[jrphoenixw2] 13/11/2022 15:19

'Imperial Brands tipped for positive results but longer-term outlook more uncertain'


The article seems more upbeat than the headline suggests!

[cassini] 12/11/2022 12:43

Slice another 7p off and these will yield over 7% again.

I wasn't going to reinvest the div but I will at this level.

[tuftymatt] 12/11/2022 11:19

I hope it doesn't get that low tornado12 as my average holding is 1815!!

Either way I can see myself adding as the tech stocks have made some fast money of late and I am sure when reality sets in profit will be taken there and defensive plays will come back into favour. It's going to be a tough winter that's for sure so being in safe havens with strong dividends still makes sense.

[tornado12] 12/11/2022 10:48

Yes a turn from defensive into tech has given new opportunity. Will certainly add at sub £18 for a 7,7% return . Will keep a close eye but expect the UK CPI next week to be pretty bad
This with shrinking GDP , recession and an autumn budget giving only pain to cost of living crisis means that defensive remains a big player for 2023. GLA

[valuehurts] 12/11/2022 10:41

Hope it goes down more, buybacks cheaper. Higher future returns.

[jrphoenixw2] 12/11/2022 08:07

#7877/Marktime: 'Wow so £1.50 of the recent IMB share price was a defensive premium? Or has IMB been oversold as punters scramble to release cash to catch the risk-on express train? Can't be too disappointed, while we have a buyback going on.'
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Haha pithy yet a good summation.
It seems that (reportedly) this week saw a Defensive (+non ESG-sectors?) sell-off. Good time for passive/retiree/long-term investors to top-up on firmer yield?

[jrphoenixw2] 12/11/2022 07:59

Spud #7872:
'From a vanity pov it’s nice to see yer portfolio increasing in value but remain unconcerned with the daily price machinations as I’m purely yield driven. spud
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Sounds cool as the Fonz, but hate to ask a) where does 'vanity' come into investing vs either 'success' or at least keeping pace?
b) If simply yield driven, why follow daily chat on BBs?

[marktime1231] 11/11/2022 16:21

This is a tough selling down, I guess IMB one of the few holdings people have where there is a profit to take. I agree the exchange rate may have something to do with it, but it is mostly an offload of defensives. All the death stocks, including defence, drugs and drink.

[philanderer] 11/11/2022 13:46

(Alliance News) -

The pound rose to USD1.1762 on Friday afternoon in London, from USD1.1661 late Thursday. The FTSE 100 is stacked with firms that count earnings in foreign currencies, so a stronger pound can serve as headwind to the index.

Among those lower were brewer Diageo, and tobacco firms British American Tobacco and Imperial Brands. The stocks were down 3.4%, 3.6% and 3.7%.

[spud] 11/11/2022 13:07

This can turn positive in a nano second. In the meanwhile, take advantage of its perceived to be cheap.

Close yer eyes, lay back and think of errrr......., the appreciating juicy yield.

spud

[saltaire111] 11/11/2022 13:00

This is a ridiculous market reaction. Everyone who thinks we’re in risk on phase is deluded.

[marktime1231] 11/11/2022 12:40

Wow so £1.50 of the recent IMB share price was a defensive premium? Or has IMB been oversold as punters scramble to release cash to catch the risk-on express train? Can't be too disappointed, while we have a buyback going on.

[philanderer] 11/11/2022 10:18

FWIW..

Citigroup raises Imperial Brands price target to 2,300 (2,050) pence - 'neutral'

[tuftymatt] 11/11/2022 07:11

Yeah and hopefully they make for good reading.

I picked a few more up yesterday afternoon as I think a push into 22 is on soon. Sub 21 looks a good chance to buy at and pick up a strong divi and a little bit of price upside.

[philanderer] 11/11/2022 00:10

IMB results next tuesday

[saltaire111] 10/11/2022 20:09

Nasdaq going bonkers! Up 6% in one session.

[spud] 10/11/2022 17:58

From a vanity pov it's nice to see yer portfolio increasing in value but remain unconcerned with the daily price machinations as I'm purely yield driven. spud

[jrphoenixw2] 10/11/2022 17:51

Parallel to comments^
US CPI% today lower than estimates =
Expectations of a less hawkish Fed =
$ took a thumping and £ rallied hard, for example +2.5 US Cents on the day at the COB. [And FWIW +1.25 Euro Cents, both at the LSE close 4.35pm].
Now the mega international income earners, such as IMB, convert foreign earnings into £ profits. Stronger £ = lower converted earnings.

An irony is that intra-day IMB peaked at 2164p, a new mid-Sep/2019 high.

[valuehurts] 10/11/2022 16:55

USD down so revenue from the states worth less in GBP terms. Not a big issue long term, the business is a machine...

[dmore2] 10/11/2022 16:21

won't last though - market turning to sh1t
Sh1tcoins getting pummeled also
everyone will be looking for safety

[tuftymatt] 10/11/2022 16:10

Yeah it created risk on for tech / out of favour shares meaning defensive plays took a knock is how I read it.