A 'secret' dividend growth stock I'd buy alongside Imperial Brands plc – AOL UK

tobacco cigarette smoking

Imperial Brands(LSE: IMB) could be one of the most attractive income stocks in the FTSE 100 right now. The tobacco and next generation products company’s share price has declined by 11% during the course of 2017, and this has made its dividend yield more appealing. Alongside the potential for high dividend growth due to a modest payout ratio and a growing bottom line, it could help investors to overcome the threat from inflation.

However, it’s not the only income stock with dividend growth potential. Announcing news on Monday was one company which could become a top dividend stock over the medium term.

Asset disposal

The company in question is media company Euromoney Institutional Investor(LSE: ERM). It focuses on media and information services provision within the financial services industry. It announced on Monday the sale of Adhesion Group and its 74% stake in World Bulk Wine Exhibition to Comexposium.

The former business is a Paris-based exhibitions company which has been owned by Euromoney for over two decades. The latter

Read More Here...

This entry was posted in Vaporizer E-Cigarette Stocks News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment.