By Chris Bailey | Tuesday 9 June 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Vice stock time again. I know there has been a little bit of controversy between writers on this website about certain sectors, but allow me to double down on the tobacco space (as an investor naturally, I've never touched the horrible stuff personally). Tom W and I both independently have recently expressed our enthusiasm towards Imperial Brands (IMB). Reading through a pre-close update from its London-listed peer British American Tobacco (BATS) today, I did wonder if the observation that it would be maintaining its 65% payout ratio dividend was a slight dig at the decision by Imperial to cut its own shareholder remuneration. It is not all laughs at BAT though...
Already a subscriber? Click here to sign in
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Search ShareProphets |
Stock market news |
Recent Comments |
Site by Everywhen