dividend cut

1437 days ago

Imperial Brands – cuts dividend… but as we expected and still an Income buy

We recommended shares in tobacco and ‘next generation’ products smoking company Imperial Brands (IMB) amidst the market instability in early April – noting trading performance resilience although we regarded a dividend cut as almost inevitable. The company has now announced results for its half-year ended 31^st March 2020 – and there’s subsequently been a new addition to the shareholder list…

2058 days ago

Tom Winnifrith Bearcast - Malcolm Stacey you are stark raving mad

In today's bearcast I look at Vela (VELA), Debenhams (DEB), Nakama (NAK) and why Malcolm Stacey's bullishness on the house builders is a sign of madness, I think I need to send the old boy on a holiday to reflect. Yields of 8%, 9% and 10% for a sector tell you that what lies ahead is very bad news indeed, including, almost certainly, dividend cuts.