Daily Archives: June 1, 2019


Imperial Brands (IMB) Share Purchase – 10% Dividend Yield Covered By Free Cash Flow

Regular readers of this website will know that I am a huge fan of Imperial Brands. So much so that it is the largest stock position in my portfolio at close to 10%. But the price of IMB has been falling of late. This is in contrast to the underlying business performance where revenues, profits and dividends have been increasing! So why have shares in IMB dropped so much. Below are a few of the reasons I think why. 1.Big money is becoming more ethical. By this I mean that the large pension funds, sovereign wealth funds, insurance companies and fund houses do not want to hold sin stocks such […]