4286 days ago
Robert Sutherland Smith started his City career the year before I was born. He is, I think, 157 years old. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at TradingResearchPoint on FTSE 350 Income stocks. Robert is a speaker at the UKInvestor Show on April 13th. He is a great one for focussing on yield. RSS today looks at Imperial Tobacco.
As an arithmetically and financially attractive income share, Imperial Toboacco (IMT) or “Imps” looks to be an outstanding buy at 2344p. Here is why. There are in fact two reasons – Imps is the object of two very distinct investing perspectives.
The most recent, is that of speculative interest on press stories about Imperial (as in old, a long vanished British Empire Singapore) Tobacco being acquired by a Japanese (as in the land of the rising sun) tobacco company. For that, investors want the lowest dividend yield to exit on. The second traditional investment interest in Imperial Tobacco has focused on its high dividend yield and its ability to grow dividends.
